Substitute “x” with a number
The first has value 2500*(1+.05*9)=3625. The second, similarly, has value 4160, and the third, 3400. Thus, the order, from least to greatest, is third, first, second.
Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.
6047/18 will equal 335.94
Answer:
64 ways
Step-by-step explanation:
there are 8 different colors, with 8 different possibilities on the color arrangement.
