First, make 6 1/3 a improper fraction:
. Now we have 19/3*7/3:
.
Answer:
$4,881.56
Step-by-step explanation:
The future value formula is ...
FV = P(1 +r/n)^(nt)
where principal P is invested at annual rate r compounded n times per year for t years.
You have P=3300, n=12, r=0.028, t=14, so the future value is ...
FV = $3300(1 +0.028/12)^(12·14) = $4881.56
There would be $4881.56 in the account after 14 years.
Answer:
1/40
Step-by-step explanation:
Interest = Principle(Rate)(Time)
$84.50 = P(0.0325)(4)
$84.50 = P(0.13)
$84.50/0.13 = P
P = 650
$650 was originally deposited.
Answer:
x = -1/7
Step-by-step explanation:
simplify by bringing all the x to the left and all the constants to the right:
6x + x = 1 - 2
7x = -1 (divide by 7)
x = -1/7
