Answer:
multiply, 12 inches per foot
Step-by-step explanation:
14.89/8
Divide by 8/8
Final Answer: 1.86/1 (Rounded)
The amount to be invested today so as to have $12,500 in 12 years is $6,480.37.
The amount that would be in my account in 13 years is $44,707.37.
The amount I need to deposit now is $546.64.
<h3>How much should be invested today?</h3>
The amount to be invested today = future value / (1 + r)^nm
Where:
- r = interest rate = 5.5 / 365 = 0.015%
- m = number of compounding = 365
- n = number of years = 12
12500 / (1.00015)^(12 x 365) = $6,480.37
<h3>What is the future value of the account at the end of 13 years?</h3>
Future value = monthly deposits x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 5.3 / 12 = 0.44%
- n = 13 x 12 = 156
200 x [{(1.0044^156) - 1} / 0.0044] = $44,707.37
<h3>What should be the monthly deposit?</h3>
Monthly deposit = future value / annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = 6.7 / 12 = 0.56%
- n = 2 x 12 = 24
$14,000 / [{(1.0056^24) - 1} / 0.0056] = $546.64
To learn more about annuities, please check: brainly.com/question/24108530
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Answer:
44
Step-by-step explanation:
use the order of operations
5 (3) 2 + 3 + 11. solve within parenthesis
15 × 2 + 3 + 11. multiply left to right
30 + 3 + 11. multiply left to right
33 + 11. add left to right
44. add
the order of operations is more commonly known as PEMDAS.
(parenthesis, exponents, multiply and divide, add and subtract)
If you are still confused there is a Brain Pop about PEMDAS. just search "order of operations" on the brain pop website
