Answer:
<u>12</u>
Step-by-step explanation:
Using Permutation Formula :
- ⁴P₂
- 4! / 2!
- 4 x 3 x 2! / 2!
- 4 x 3
- <u>12</u>
Answer:
1: 11982.79
2: 12136.31
4: 12216.09
12: 12270.46
365: 12297.10
Step-by-step explanation:
The compound interest formula is A=P*(1+r/n)^nt
P=principal amount
r=rate
n=number of compounds per period
t=number of periods
In this situation, the principal amount is 5,000=P. The rate is 6%, so r=0.06. n is equal to the top number in the table. And this is 15 years, so t=15.
For 1, it would be A=5,000*(1+.06/1)^1*15, or A=5,000(1.06^15), or 11982.79.
For 2, it would be 5,000*(1+.06/2)^2*15, or 5,000*(1.03^30), or 12136.31.
And so forth. Good luck
Find a common denominator (12).
u/4=8/3
3u/12=32/12
Multiply each side by twelve to get rid of the denominator.
3u=32
u=1 2/3
1 and two-thirds equals 1.6666666 in decimal form, so the nearest tenth would be 1.7
Let x be the amount of money, you fund in Fund A and y be the amount of mone yyou fund in Fund B.
1. You have 250,000 In an IRA at the time you retire and want to invest this money into Funds A and B, then
2. Fund A pays 1.2% (as a decimal 1.2% is 0.012) annually, then 
is annual interest income in Fund A.
Fund B pays 6.2% (as a decimal 6.2% is 0.062) annually, then 
is annual interest income in Fund B.
Since Fund A and Fund B produce an annual interest income of $8,000, then
3. Solve the system of equations:
Express x from first equation 
and substitute it into the second equation
Multiply this equation by 1000:
Then
Answer: you have to fund $150,000 in Fund A and $100,000 in Fund B.
Answer:
24.6
Step-by-step explanation:
