Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
Answer:
not a right triangle
Step-by-step explanation:
We can use the Pythagorean theorem to see if it is a right triangle
a^2 + b^2 = c^2
15^2 + 12^2 = 21^2
225 + 144 = 441
369 = 441
This is not true so it is not a right triangle
What do you need help with?
Answer:
11in
Step-by-step explanation:
a^2+b^2=c^2 when c is the hypotenuse
10^2+sqrt21^2=c^2
100+21=c^2
121=c^2
11=c
Answer:
a = $17.25
Step-by-step explanation:
let the money spend on the necklace be a
we have
15.75 +1.5*2 +a + 14 = 50
-> a = 50 -15.75 -3-14
-> a = $17.25