The "compound amount" formula is A = P(1+r/n)^(nt),
where P=original investment, r=interest rate as a decimal fraction; n=number of compounding periods, and t=number of years.
Then A = $12000 * (1+0.08/2)^(2*11)
= $12000(1.04)^(22) = $28,439.03 (answer)
Answer:
11.314
Step-by-step explanation:
9514 1404 393
Answer:
3 3/4
Step-by-step explanation:
__
The integer part of the mixed number is the quotient when the numerator is divided by the denominator. The remainder from that division is the numerator of the fraction.
15/4 = 15 ÷ 4 = 3 r 3 = 3 3/4
Answer:
Her son is 10 years old.
Step-by-step explanation:
Let son be x
Ellie is 4x
In 5 years time: Her son = x + 5
Ellie = 4x + 5
Given that she will then be 3 times as old as her son: 4x + 5 = 3(x + 5)
Solve x: 4x + 5 = 3(x + 5) ,4x + 5 = 3x + 15
x = 10
Answer:
175.62
Step-by-step explanation:
39.2•448=17561.6
17561.6/100=175.616
=175.62
