Answer:
nvm that was a mile yea ur right
Step-by-step explanation:
Answer:
230 million
Step-by-step explanation:
I took the application
1) montly rate, r = 5% / 12 = 0.416% = 0.00416
2) capital, C = $ 450 = present value
3) time = 11 years => number of periods = 11 * 12 = 132
4) Formula: FV = C * (1 + r) ^ (number of periods)
5) Calculation: FV = $450 * ( 1 + 0.00416)^(132) = $ 779.07
Answer: $ 779.07
Answer:
About 30 min.
Step-by-step explanation:
Since it takes 10 min to walk a half of mile, it will take 20 min to walk a whole mile.
Since we will be walking one and a half miles, it should take about 30 minutes.
Hope this helps.