Answer:
After 12 years the investment will be worth $5145.
Step-by-step explanation:
The formula used for compounded interest is:
A = P(1+r/n)^nt
where,
A = future value
P = Principal Amount
r = interest rate
n = no of times interest is compounded
t = time
In the question given:
A=?
P = $2100
r = 7.75% or 0.0775
n = 1
t= 12
A= 2100*(1+0.0775/1)^1*12
A= 2100 *(1+0.0775)^12
A= 2100 *(1.0775)^12
A= 2100 * 2.45
A= 5145
So, after 12 years the investment will be worth $5145.
Answer:
two numbers divided to get 35
Step-by-step explanation:
Answer:
50% offspring will be RR
Step-by-step explanation:
I set up my table and solved it I can teach you if you would like
Answer:
-20.50?
Step-by-step explanation:
I think you said he added 5 dollars in his account which would get some of his debt removed. But he would still have a remaining -20.50 dollars to get rid of.
Answer: 4096
Step-by-step explanation: 1 gallon=128 ounces, 128x32=4096
