Answer:
$64,269.65
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, change 6.25% into a decimal:
6.25% -> -> 0.0625
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
The value of Sara's investment after 30 years will be $64,269.65
Answer:
15.75 lbs. ur welcome :)
Step-by-step explanation:
10.5 divide 2 equal 5.25
5.25 times three equals 15.75
I am not sure what the question is. Each shirt would have costed 18.5