Answer:
1498.17
Step-by-step explanation:
formula A = P
where r is the rate of interest compounded and n is the number of times compounded.
r = 4.5 / 12 = 0.375 since it is compounded monthly thus need to divide by 12 months
n = 9 x 12 = 108 ( 9 years in months)
A = 1000
= 1498.167
Answer:
6
Step-by-step explanation:
24 divided by 4
Answer:
617.5
Step-by-step explanation:
You times 9.50 by 65 which gives you 617.5 in total.
It is 9078 because compounded annually
