1) montly rate, r = 5% / 12 = 0.416% = 0.00416
2) capital, C = $ 450 = present value
3) time = 11 years => number of periods = 11 * 12 = 132
4) Formula: FV = C * (1 + r) ^ (number of periods)
5) Calculation: FV = $450 * ( 1 + 0.00416)^(132) = $ 779.07
Answer: $ 779.07
Answer:
112
Step-by-step explanation:
- 4*7=28
- 28*12=336
- 336*(1/3)=112
<span>Different beverages may be absorbed at slightly different rates because of the drink’s size.</span>
You can make 14 quarter pounders
1=4
2=8
3=12
1/2=2
12+2=14
Hope it helps!