The answer to this equation is A) 50 times larger
Answer:
About 879.877
Step-by-step explanation:
To find f,
f(13) = 45,000(0.9)^13
13f = 45,000(0.25418658283)
13f = 11438.3962274
f = 879.877
Please tell me I did this the right way, Thanks!
Answer: The answer is D
Step-by-step explanation:
Part 1: <span>What is the periodic interest rate of jade investment?
Each compounding period is done semi-annually, which means twice a year. Since the given interest rate is annual, then 5.2% divided by half should yield the period interest rate, which is 2.6%
Part 2: </span><span>How many compounding periods does Jade's investment offer in a year? how about in 8 years?
In 1 year, there are 2 compounding periods. In 2 years, there are 16 compounding periods.</span>
Ella bought 8 keychains. She spent 4 dollars on each KeyChain. Hope this helps
