Solution
For this case we can use the following formula:
Where:
P= 400800 = present value
A= future value
r= 0.055 interest rate
n= 4, number of times that the interest is compund in a year (quarterly)
t= 4 years
Replacing we got:
then the interest would be:
Answer:
Step-by-step explanation:
The multiplication property of equality
Answer: 6 is the GCF of 12 & 18
Step-by-step explanation: 1,2,3, and 6 are all factors of 12 & 18, but 6 is the greatest of all of the factors shown. 1,2,3 < 6.
Hope this helps!