Answer:
$69,408.17 = $69,410 rounded
Step-by-step explanation:
Final investment value
$69,408.17
Total interest earned
$19,408.17
Initial balance
$50,000.00
Total monthly deposits
$0.00
Effective Annual Rate (APY)
4.185%
The formula used in the compound interest calculator is A = P(1+r/n)^(nt)
A = the future value of the investment
P = the principal investment amount
r = the interest rate (decimal)
n = the number of times that interest is compounded per period
t = the number of periods the money is invested for
The correct answer would be B.
Answer:
Common denominator: 35
Step-by-step explanation:
Simply just multiply the two denominators to always find a multiple, or figure it out in your head.
Hope this helps.
Answer:
-54
Step-by-step explanation:
For this question, all you have to do it plug 4 in for x.
-6(4+5)
-6(9)
-54
Answer:
The answer is 20^(n)
Step-by-step explanation:
From the problem, we know that
a^(3) = 30000 (1)
a^(5) = 12 000 000 (2)
If we divide (2) and (1)
a^(5) / a^(3) = a^(2)
a^(2) = 12 000 000/ 30 000 = 400
a = sqrt(400) = 20
The rule of the geometric sequence would be
20^(n)