Given
Present investment, P = 3400
APR, r = 0.0115
compounding time = 13 years
Future amount, A
A. compounded annually
n=13*1=13
i=r=0.0114
A=P(1+i)^n
=3400*(1+0.0115)^13
=3944.895
B. compounded quarterly
n=13*4=52
i=r/4=0.0115/4
A=P(1+i)^n
=3400*(1+0.0115/4)^52
=3947.415
Therefore, by compounding quarterly, he will get, at the end of 13 years investment, an additional amount of
3947.415-3944.895
=$2.52 (to the nearest cent)
The students will earn $180 by washing cars for 9 hours.
In 3 hours the students will earn...
$5 x 12 = $60
5 dollars x 12 cars = 60 dollars
So in 3 hours the group of students will earn $60
In 9 hours the students will earn...
$60 x 3 = $180
Since the students will earn $60 per every 3 hours, you multiply $60 with 3 because if you divide 9 hours by 3 hours you will get 3. The answer you get by multiplying 60 by 3 is 180. Therefore the students can earn $180 from washing cars.
I hope this helps!
Answer:
Zero
Step-by-step explanation:
there is no solution the sides are uneven. if you solve for it 3x and 3x cancels out each other leaving you with -2=5
620,000 rounded to the nearest thousand is:
620,000 because 2 is less than 5
Hope I Helped You!!!
5/6(x-1)=4
(x-1)=(4*6)/5
x-1=24/5
x=24/5 + 1
least common multiple=5
x=(24+1*5)/5
x=29/5
Answer: x=29/5
To check:
5/6(x-1)=5/6(29/5 -1)=5/6[(29-5)/5]=5/6(24/5)=(5*24)/(6*5)=120/30=4
