Answer:
$15,539.67
Step-by-step explanation:
Compound Interest Formula
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- P = $11,000
- r = 5.8% = 0.058
- n = 4 (quarterly)
- t = 6 years
Substitute the given values into the formula and solve for A:
Therefore, the value of the investment after 6 years will be $15,539.67 to the nearest cent.
<span>To convert a percentage to a decimal you move the decimal two places to the left. Therefore:
15.% becomes .15
You then multiply this decimal to the number you are trying to find the percentage of.
.15 × 60 = 9.
9 is 15% of 60.
</span>
Answer
263/999
Step-by-step explanation:
Answer:
Yes
Step-by-step explanation:
A right angle means that the lines will create an L or X or T when they intersect. This is exactly the definition of perpendicular, that the shapes will intersect and create at least one right angle.
Answer: D) (2,0)
Step-by-step explanation:
These are your values.
Remember this means;
The formula for finding the midpoint of a segment is simple. Add both x's and y's and divide them by 2 separately. Or, if you like to follow formulas, here you go.
Let M be midpoint.
