Answer:
FV= $8,739.38
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $6,100
Number of periods (n)= 12*12= 144
Interest rate (i)= 0.03/12= 0.0025
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 6,100*(1.0025^144)
FV= $8,739.38
Answer:
x=12
Step-by-step explanation:
Answer:
ok
Step-by-step explanation:
Answer:
t ≥ 0.2c
Step-by-step explanation:
Her tip is at least 20% of the cost of the meal, so her tip is greater than or equal to 20% of the cost of the meal
tip ≥ 20% of the cost of the meal
t ≥ 20% of c
Another way of writing "20% of c" is multiplying the two values, so we have
20% of c = 20% * c
t ≥ 20% * c
To convert from a percentage to a decimal, we can divide the percentage by 100. Here, we have
20% = 0.2
t ≥ 0.2 * c
Answer:
First image 30.44
second image 33.62
Step-by-step explanation:
First image
second image
