Answer:
I am so sorry but the link will not let me see the question
Step-by-step explanation:
could you put a screen shot of the question and maybe i could try to help :)
Answer:
$ 8,695.35
Step-by-step explanation:
This is a compound interest question
Amount after t years = A = P(1 + r/n)^nt
Where P = Initial Amount saved
r = interest rate
t = time in years
n = compounding frequency
A = 10,000
r = 3.5 %
t = 21 - 17 = 4 years
n = Compounded monthly = 12
Step 1
Converting R percent to r a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
P = A / (1 + r/n)^nt
Solving our equation:
P = 10000 / ( 1 + (0.035/12)^12 ×4 =
P = $8,695.35
The principal investment required to get a total amount, principal plus interest, of $10,000.00 from interest compounded monthly at a rate of 3.5% per year for 4 years is $8,695.35.
Answer:
32 = 26
d
2
= 32
Step-by-step explanation: UMU
Step-by-step explanation:
area=length x width
91=(x+2)(2x+3)
91=x^2+5x+6
x^2+5x-85=0
x=14.2 orx=-24.1
Answer:
r/2 -6
Step-by-step explanation:
less than means it comes after
half of r
r/2
6 less than means subtract
r/2 -6
