Answer: the future value is $1748.4
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 1550
r = 4% = 4/100 = 0.04
n = 365 because it was compounded 365 times in a year.
t = 3 years
Therefore,.
A = 1550(1 + 0.04/365)^365 × 3
A = 1550(1+0.00011)^1095
A = 1550(1.00011)^1095
A = 1550 × 1.128
A = 1748.4
Answer:
5/9
Step-by-step explanation:
let other fraction be x
x+1/3=8/9
x=8/9-1/3
x=(8-1*3)/9
x=(8-3)/9
x=5/9
Answer:
there is a 50 percent chance
Step-by-step explanation:
Answer:
ik the answer
Step-by-step explanation:
just multiply 5 x 53.42 and the answer is 267.1
Answer:
A
14 x 3 = 42 lunches
42 x 0.55 = 23.1
so there are about 23 ham sandwiches
hope i helped you out
Step-by-step explanation: