Answer: B) 6462.32
Step-by-step explanation:
Compound interest can be calculated via the attachment.
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Answer:
$123,200
Step-by-step explanation:
0.06 x 2 = 0.12
140,000 x 0.12 = 16,800
140,000 - 16,800 = 123,200
Answer:
a; she will have $8812
b: It will be enough for her trip
Step-by-step explanation:
In this question, we are tasked with calculating how much a certain value in a savings account that is earning an interest that is compounded annually will be worth.
To calculate this, we use the compound interest formula;
A = P(
Where A is the amount after that number of years which of course we want to calculate
P is the principal amount which is the amount we are investing which is $6439 according to the question
r is the interest rate which is 4% = 4/100 = 0.04
t is the time which is 8 years
n is 1 which is the number of times interest will be compounded annually
We plug these values as follows;
A = 6439(1 + 0.04/1)^8
A = 6439(1.04)^8
A = $8,812.22
This amount is greater then the needed $8,500 for the trip and of course it will be enough
Answer:
The reason why 0 is not a natural number is because does not have a value which is positive or negative. Therefore, since all real numbers are positive integers, we do not assume that zero is a natural number. Although zero is called a number in its entirety.
Step-by-step explanation:
12 ounces = to .75 lbs
5/8lbs = 10 ounces
12 ounces