Answer:
- 3 < p < 4
Step-by-step explanation:
Given p is greater than - 3 then - 3 is less than p
- 3 < p < 4
A kilometer is 1000 meters.
1000 time 750 equals 750000
So the answer is yes, 7500000 is greater than 750000
Use compound interest formula F=P(1+i)^n twice, one for each deposit and sum the two results.
For the P=$40,000 deposit,
i=10%/2=5% (semi-annual)
number of periods (6 months), n = 6*2 = 12
Future value (at end of year 6),
F = P(1+i)^n = 40,000(1+0.05)^12 = $71834.253
For the P=20000, deposited at the START of the fourth year, which is the same as the end of the third year.
i=5% (semi-annual
n=2*(6-3), n = 6
Future value (at end of year 6)
F=P(1+i)^n = 20000(1+0.05)^6 = 26801.913
Total amount after 6 years
= 71834.253 + 26801.913
=98636.17 (to the nearest cent.)
Answer:
80%
Step-by-step explanation:
41.40/23 = 1.8 = 180% = 100% + 80%
The markup is 80%.
Darryl:
Answer:
A = $1,905.00
(I = A - P = $405.00)
Equation:
A = P(1 + rt)
Lori:
Answer:
A = $1,932.00
(I = A - P = $532.00)
Equation:
A = P(1 + rt)
Thus $532-$405= $127 more in Lori's account