Answer:
54 ~ see below for explanation
Step-by-step explanation:
you're going to replace n with the 6 since n= 6
so (8+3)6
then you're going to add 8+3 in the parenthesis because of PEMDAS
(9)6
you're going to multiply 6 by 9 since 9 is in parenthesis (a number in parenthesis means multiply)
then you get 54 so the answer would be 54.
Answer:
b $3,272.43
Step-by-step explanation:
A = p(1+r/n)^nt
Where
A= future value
P= principal = $2500
r= interest rate = 6.75% = 0.0675
n = number of periods = 12
t = time = 4 years
A = p(1+r/n)^nt
= 2500(1+0.0675/12)^12*4
= 2500(1+0.005625)^48
= 2500(1.005625)^48
= 2500(1.3089737859257)
= 3272.4344648144
Approximately
A= $3272.43
He will have $3272.43 to give as down payment in 4 years
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