Answer:
No
Step-by-step explanation:
Summer starts in June and ends in August, so this is not valid.
Bam
Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
24% is the probity sorry just need points
Turn it into an improper fraction: 23/8 <span>÷ 11/3
Keep the 23/8, change the division sign to a multiplication, and flip the 11/3 so now it's: </span>23/8 x 3/11
Then multiply them to get the
Answer: 69/88
108x/56x Hope that helps.
