Firstly, solve the effective annual interest (ieff) with the equation,
ieff = (1 + i/m)^m -1
where i is the interest rate and m is the number of times the interest is compounded in a year. In this problem, m is 12
Substituting the values,
ieff = (1 + 0.034/12)^12 - 1 =0.03453
To solve for the future (F) amount of the present investment (P),
F = P x (1 + ieff)^n
where n is number of years.
F = ($742) x (1 + 0.03453)^15
Thus, the answer is $1234.76.
Answer: Q1 10 Q216 Q3 8
Step-by-step explanation:
BECAUSE I THIK THAT IS THE ANSWER
Answer:
x=5
Step-by-step explanation:
Step 1: Subtract 3x from both sides.
6x−3−3x=3x+12−3x
3x−3=12
Step 2: Add 3 to both sides.
3x−3+3=12+3
3x=15
Step 3: Divide both sides by 3.
3x/3=15
x=5
the red square shows that this is a right angle, so we can just subtract 52 to find z
90-52=z
38=z
