I believe the correct answer would be a if it’s not remove my answer
Answer:
$19,260
Step-by-step explanation:
6,000 * 7% = 420
6,000 + 420 = 6,420
6,420 * 3 = 19,260
easy
Present value, PV = $500
Future value, FV = 2*PV = 2*500 = $1,000
Rate, r = 4% = 0.04
Compounding times in a year, n = 4 (compounded quarterly)
Time, t = ??
The future value expression is stated as:
FV = PV (1+r/n)^nt
Substituting;
1000 = 500 (1+0.04/4)^4t
2 = (1.01)^4t
ln 2 = 4t ln 1.01
0.6931 = 4t* 0.00995
0.6931 = 0.0398t
t = 17.414 years
Time required for the amount to double is 17.41 years.
Answer:
461.81
Step-by-step explanation:
diameter=14 , so radius is diameter/2=7
height=9
V= πr2 h
/3=461.81