Answer:
6.517%
Step-by-step explanation:
This is a multi-year investment and we are not working with a $1 initial investment. There is no mention of compounding so we will use formula A=P0⋅(1+r)N with A=$18,434 and P0=$14,320. We do not know the value of r. However, N=4 years. Substituting the values we have $18,434=$14,320⋅(1+r)4. Divide both sides of the equation by $14,320. Next, take the fourth root of both sides of the equation and subtract 1 to find the decimal form of r.
$18,4341.287291.065170.06517=$14,320⋅(1+r)4=(1+r)4=1+r=r
Finally, convert r to a percent.
r=0.06517×100%=6.517%
Answer:
An arithmetic sequence is a sequence with the difference or pattern between two consecutive terms constant.
A geometric sequence is a sequence with a ratio between two consecutive terms constant.
Answer:
12 months in a year
6 is half a month so we're going off of 6 months.
So:
821*0.15= 123.15
821- 123.15= 697.85
697.85*0.15= 104.6775
697.85-104.6775= 593.1725
593.1725*0.15= 88.975875
593.1725-88.975875= 504.196625
504.196625
*0.15= 75.62949375
504.196625- 75.62949375= 428.56713125
428.56713125*0.15= 64.2850696875
428.56713125-64.2850696875
= 364.282061562
364.282061562*0.15= 54.6423092344
364.282061562-54.6423092344
= 309.639752328
So its 310 fish.
