The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
Answer:
alicia is right
Step-by-step explanation:
if u divide 6 by 2 that would be 3 and then add 5 = 8. If you do the same with the next equation it still = 8 bc pemdas so divide first
1 it’s one because I got the ensure from a friend
Answer:multiply by y
Step-by-step explanation:
Answer:
50 units
Step-by-step explanation:
you use Pythagorean-theorem which means A^2+B^2 =C^2
It does not matter the order of A and B because it is adding. But C is the hypotenuse.
If we plug in the # this is what it looks like...
14^2 +48^2=C^2
or
48^2+14^2=C^2
14*14= 196
48*48=2,304
then you add
196+2,304=C^2
2,500= C^2
and you can use a calculator for this part you do 2,500
with the 2,500 you use the sign as in the picture and it gives you...
50
which means 50*50 = 2,500
