Answer:
The principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Step-by-step explanation:
Given
- Accrued Amount A = $1000000
- Interest rate r = 6% = 0.06
- Compounded monthly n = 12
To determine:
Using the formula


substituting A = 1000000, r = 0.06, t = 45, and n = 12


$
Therefore, the principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Answer: 28
Step-by-step explanation:
Answer:
D
Step-by-step explanation:
The degree of a polynomial is determined by the largest exponent of a term within the polynomial.
Given
7x³ + 4x - 5 + 8
The term with the largest exponent is 8
with exponent 5
Thus the polynomial is of degree 5 → D
Answer:
the answer would be (244/30.5) x 18, so the answer should be 144!
Step-by-step explanation:
Put me the brainest. thanks
3/4 To find the slope of a line you need to do rise/run. you find two solid points meaning find two points are exactly on a intersection. Then you count up how much it needs to the point then count across to the next point