Answer:
The principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Step-by-step explanation:
Given
- Accrued Amount A = $1000000
- Interest rate r = 6% = 0.06
- Compounded monthly n = 12
To determine:
Using the formula


substituting A = 1000000, r = 0.06, t = 45, and n = 12


$
Therefore, the principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Answer:
11 because as you see 3 and 6 if you divide it the scale factor is 1/2 so you just do 5.5 times 2 and get 11
Step-by-step explanation:
Answer:
x=-7/3 and y=-6
Step-by-step explanation:
6x-3(3x+1)=4
6x-9x-3=4
-3x-3=4
-3x=7
x=-7/3
y=3(-7/3)+1
y=-6
The answer would be C.(-2,-3); Minimum.
You can tell be cause the points are going down<span />
A mixed number is an integer and a fraction that is less than one (remember that x/x = 1.)
To simplify 25/10, calculate how many times 10 goes into 25 by dividing 25 by 10. The answer is 2 with a remainder of 5 (10 x 2 = 20, 25-20 = 5).
The mixed number is 2 and 5/10, which simplifies to 2 1/2.