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.
100
14
We can make this and equation
x • y = 1260
x = 3y +48
Our equation is
(3y +48)y = 1260
We get y = 14
2
You will have to write out the following:
25% of 24= ?
Then go ....turn 25 into a decimal
.25 x 24
24
x.25
——— ——) Which equals 6
Follow these steps on any one and as long as ur multiplication is right the answer will be right
