Answer:
The answer is d the one with the 18 in it
Step-by-step explanation:
Answer: False because 0.6/12= 0.05
Step-by-step explanation:
0.6/12= 0.05
Answer:
$1,875
Step-by-step explanation:
since the price Cierra paid was 1/5. the full price is 5 times the price she paid, so
$375 * 5 = $1,875
In 6 years $500 @ 5% comp. monthly will be worth=$674.51
The formula you use to calculate this is: FV=PV(1 + R)^N, where FV=Future value, PV=Present value, R=Interest rate per period, N=Number of periods.