I think this would be $42.2
I just multiply 12 by 3.25
I think it is c im not sure tho choose c or d anyone
Answer:
-4
Step-by-step explanation:
Answer:
$5,593.60
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, change 2.25% into a decimal:
2.25% -> -> 0.0225
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
<u>The balance will be $5,593.60</u>
Answer:
PEMDAS
Step-by-step explanation:
P - Parentheses (Brackets also!)
E - Exponents
M and D - Multiplication and division. Many people think multiplication has to be done first as said in "PEMDAS" but it doesn't. Do multiplication and division according to which ever one is farthest to the left (left to right).
A and S - Addition and subtraction. Same thing applies here, neither addition or subtraction has to be done first, just do them according to which one is farthest to the left when reading the expression from left to right.