Answer:
1.21e+6 seconds
525,600 minutes
Step-by-step explanation:
Seconds in 1 day: 86,400
Seconds in 14 days: 1.21e+6
multiply the time value by 86400
525600
multiply the time value by 525600
Answer: 2.314 is your answer.
Step-by-step explanation:
Line up both numbers, then multiply each number from right to left. After, use the steps of multiplication to find your answer.
The answer for you're question is 4600
Using the formula for the future value of an annuity: FV = P x (1 + rate)^time - 1 / rate)
1st account:
15,000 x (1 + 0.05)^10 - 1 /0.05) = $188,668.39
2nd account:
15,000 x (1 + 0.10)^10 - 1 /0.10) = $239,061.37