Answer:
Step-by-step explanation:
If $10,000 is invested at an interest rate of 2% per year, compounded semiannually, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)
a)6 years
b)12 years
c)18 years
***
compound interest formula: A=P(1+r/n)^nt, P=initial investment, r=interest rate, n=number of compounding periods per year, A=amt after t-years.
For given problem:
P=10000
r=.02
n=2
t=6, 12, 18
..
A(6)=10000(1+.02/2)^2*6
A(6)=10000(1.01)^12=11,268.25
A(12)=10000(1.01)^24=12,697.35
A(18)=10000(1.01)^36=14,307.69
66mm=6cm
So that means that any 66mm is 6cm point 6mm ===> 66cmm=6.6cm
Thus, 6cm is not greater but it is equal to 66mm
It's like you looking at 1yd=3feet which also means that 3feet=1yd.
Answer:
1/3
Step-by-step explanation:
we have 12 letters
e a i o
4 vowels
so 4/12=1/3
Answer:
26.25 minutes
Step-by-step explanation:
Given that :
Number of pages (p) read by Elias can be modeled by the function ;
p = 45m + 18
Where P = Number of pages ; m = number of minutes
Number of minutes it will take to read a total of 39 pages
p = 4/5m + 18
39 = 4/5m + 18
39 - 18 = 4/5m
21 = 4/5m
4m = 21 * 5
4m = 105
m = 105 / 4
m = 26.25
