Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Answer:
ttd2
Step-by-step explanation:
22° you just subtract the numbers.
The 15th term of the arithmetic sequence 
Option B is correct
The nth term of an arithmetic sequence is given as:
The first value, a = 22
Since 
The common difference, d = 3
The 15th term of the arithmetic sequence = 64
Learn more here: brainly.com/question/24072079
Answer:
15 is 30% of 50
Step-by-step explanation:
We have, 30% × x = 15
Multiplying both sides by 100 and dividing both sides by 30,
we have x = 15 × 100/30
x = 50
If you are using a calculator, simply enter 15×100÷30, which will give you the answer.
