Answer:
75% of 35 is 8.75
Step-by-step explanation:
Dave will have $12,728 after 15 years, if he has $8000 to invest for 15 years. He finds a bank that offers an interest rate of 3.1% compounded monthly.
Step-by-step explanation:
The given is,
Investment = $ 8000
No. of years = 15 years
Interest rate, i = 3.1 %
( compounded monthly )
Step:1
For for calculating future value with compound interest monthly,
.................(1)
Where,
A = Future amount
P = Initial investment
r = Rate of interest
n = Number of compounding in a year
t = Time period
Step:2
From given values,
P = $8000
r = 3.1%
t = 15 years
n = 12 ( for monthly)
Equation (1) becomes,





A = $ 12728.48
Result:
Dave will have $12,728 after 15 years, if he has $8000 to invest for 15 years. He finds a bank that offers an interest rate of 3.1% compounded monthly.
Steps to solve:
15 + 2a = 35
~Subtract 15 to both sides
2a = 20
~Divide 2 to both sides
a = 10
Best of Luck!
Answer:
Step-by-step explanation:
Answer:
1/4, or 0.25 inches
Step-by-step explanation:
You count the dots. The number of dots tell you how many of each length of string she used.
You first find the column with the most dots, and then you find the column with the least. Then you just subtract them, the number of inches it displays on the bottom, 12 1/2 - 12 1/4, which is 1/4. I did this in my head and you can use a calculator if you want.
Thanks for the points, and have a blessed day. Hope this helps.