First, multiply the 1,500 by 4.3% to come up with $64.50 every three months (the question says compounded quarterly).
$64.50 x 4(quarters in a year) = $258.00 per year
$258.00 x 6 years = $1,548.00
$1,500.00 + $1,548.00 = $3,048.00 balance after six years
Answer:
-46.91%
Step-by-step explanation:
Given:
Cost of buying the shares = $53,500
Selling cost of the shares = $3,300
Number of years = 2
Since the selling cost is less than the buying cost, therefore the statement for the loss can be verified
Now,
The loss = Selling cost - cost of buying = $3,300 - $53,500 = - $50,200
thus, the loss per year =
= -$25100
Hence,
Rate of return = 
or
Rate of return = 
or
Rate of return = -46.91%
Answer:
60 pills
Step-by-step explanation:
Plug the x in :)
3(2) + 8
6 + 8
=14