Answer:
Future amount (A) = $1,258.77 (Approx)
Step-by-step explanation:
Given:
Amount deposit (p) = $693
Rate of interest monthly (r) = 4.9% / 12 = 0.003833
Number of month (n) = 13 × 12 = 156
Find:
Future amount (A)
Computation:
![A = p [1+r]^n \\\\ A = 693 [1+0.003833]^{156}\\\\ A= 693[1.8163]\\\\ A = 1258.77](https://tex.z-dn.net/?f=A%20%3D%20p%20%5B1%2Br%5D%5En%20%5C%5C%5C%5C%20A%20%3D%20693%20%5B1%2B0.003833%5D%5E%7B156%7D%5C%5C%5C%5C%20A%3D%20693%5B1.8163%5D%5C%5C%5C%5C%20A%20%3D%201258.77)
Future amount (A) = $1,258.77 (Approx)
Answer:
220
Step-by-step explanation:
Answer:
What is the question???
Step-by-step explanation:
To round 2.83 centimeters to the nearest whole number, use the following:
"five or above, give it a shove. four or below, keep it low."
So, since the number is 2.83, keep the 3 low (make it a zero)
Now the number is 2.8
Since 8 is over 5, you round up.
2.83 has become the whole number 3