Answer:
Let the number be x
3.06% = 0.0306
The above statement is written as
0.0306x = 0.86
Divide both sides by 0.0306
x = 0.86/0.0306
<h2>x = 28.10</h2>
Hope this helps you
Answer:
The answer is B) 4
Explanation:
A negative times a negative equals a positive so options A and C are wrong.
-12 divided by 1/4 equals -48
Answer:
(3x - 1)(4x - 3)
Step-by-step explanation:
separating terms it will look like this
(3x - 1)(4x - 3)
when multiple each numbers you will see it will form up as 12x^2 -13x + 3
1) montly rate, r = 5% / 12 = 0.416% = 0.00416
2) capital, C = $ 450 = present value
3) time = 11 years => number of periods = 11 * 12 = 132
4) Formula: FV = C * (1 + r) ^ (number of periods)
5) Calculation: FV = $450 * ( 1 + 0.00416)^(132) = $ 779.07
Answer: $ 779.07