Answer:
Formula for principal that amounts to $2000 if invested at 4% interest compounded semiannually for 5 years:
P = 2000 x ( 1 + 0.04/2)^(5 x 2)
= 2437.99$
Hope this helps!
:)
Answer:
1,500,000,000
Step-by-step explanation:
First multipy the first digits, which are the ones that do not contain zero.
then put all of the zeros at the end, so product will be 1,500,000,000 because their are 8 zeros in total
if you check with calculator, you get 1,500,000,000
Answer:
x= -5
Step-by-step explanation:
=-2 here you go hope it helps
Answer:
finance charge refund is $91.53
Step-by-step explanation:
given data
finance charge F = $476
time t = 12 month
no of payment n = 5
to find out
finance charge refund
solution
we will apply here finance charge refund formula that is
finance charge refund = F × 
put here value we get
finance charge refund = 476 × 
finance charge refund = 476 × 
finance charge refund = 476 × 
finance charge refund = 476 × 0.1923
finance charge refund = 91.53
so finance charge refund is $91.53