They charge fees so they can cover there costs and return value to shareholders
For this case we have the following function:
A (t) = P (1 + r / n) ^ nt
Substituting values we have:
A (4) = 500 * (1 + 0.09 / 1) ^ (1 * (4))
A (4) = 705.790805
Rounding we have:
A (4) = 705.79
Answer:
The answer for this case is given by:
A (4) = 705.79
option A
Answer:
6 minutes
Step-by-step explanation:
60 * 10% =
60 * 0.1 =
6
I believe her hourly wage is $14/h because since she works an unpaid day for every day she does work. Therefore the 50% of her daily wage goes to the next day...