Answer:
Deposit each quarter = $342.68
Step-by-step explanation:
Formula use in this problem:
Where,
FV is future value, FV=$3000
C is cash flow quarterly( need to find),C=?
I is rate of interest ( divide by 4), i=
N number of cash flow, n=8
Substitute all these values into formula to solve for C
So, C=$342.68
b and d
3 cups
2/12 = 1/6
1/6 * 3 = 3/18
3 out of 18 cups, so 3 cups.
ROUNDING TO NEAREST 1/2
4/5 >3/4 SO ROUND IT TO1
1/4 <_1/2<-3/4 SO ROUND IT TO 2
ESTIMATING 1-1/2 =1/2
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