Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
Answer:
im in middle school and im trying to figure this out as well
Step-by-step explanation:
sorry if i get it i will tell you
Medical bill = $8,440
Deductible = $400
Coinsurance plan = Medical policy 80% of all expenses above $400
Amount to pay = 400+ (8440-400)*20/100 = 400+1608 = $2,008
Answer:
Your Mom just remember your a di*k and thats why your parents burned your birth certifcate
Step-by-step explanation:
if your gonna do that to me, remember i have copy and paste<3.
