P - parenthesis
e - exponents
m - multiplication
d - division
a - addition
s - subtraction
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so parenthesis is first, p, so 8 plus four equals to 12
multiplication is next, m, so 12 x 9 is 108
the answer is 108
Base on my calculations, the answer is not in the choices given. First, we have to acknowledge that the interest rate given is not the effective interest rate instead it is called the nominal interest rate therefore we have to convert it first to an effective interest rate. We use the following formula:
Effective Interest rate = [[1 + (r/m)]^m] - 1 where r is the nominal interest rate and m is the number of compounding times
For this case, m is equal to 2 since it is compounded semianually.
Effective Interest rate = [[1 + (.12/2)]^2] - 1 = .1236
We then use the calculated effective interest rate to the formula for the Compound Interest Rate Formula.
Future Value = Present Value (1 + Effective interest rate)^(no. of years)Future Value = 3000 (1 + .1236)^( 3) = 4255.56 dollars
Answer:
<h2>1.46 x 10^5</h2>
Step-by-step explanation:
Answer:
8:07 am
Step-by-step explanation:
It takes 9 minutes to walk from his house to the bus station. It then takes 92 minutes for the bus to travel from Birmingham to Coventry. After arriving, he takes 12 minutes to reach his workplace. This takes a total of 113 minutes.
9 + 92 + 12 = 113
Convert 113 minutes to hours and minutes.
113 - 60 = 53
1 hr and 53 min
He has to be at work by 10. Subtract the time it takes to get to his work by the time he has to get there.
10 - 1 hr = 9
9 - 53 min = 8:07
The latest time he can leave is 8:07.
Answer:
D
Step-by-step explanation:
