You need to find which one is in order
282 because if u multipy 94 into 3 u get 282 and to check 282 divided by 3 is 94
Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Monthly deposit= $100
Interest rate= 0.06/12= 0.005
Number of periods= 12*5= 60 months
<u>a)</u>
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.005^60) - 1]} / 0.005
FV= $6,977
b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= 6,977 + {[100*(1.005^60)] - 100}
FV= 6,977 + 35
FV= $7,012
Answer:
First we have to find the value of x;
then we have to find the value of y;
Step-by-step explanation:
here,
2x= 12
x = 12\2
x = 6
now,
4y = 12
y = 12\4
y = 3
° the value of x is 6
° ° the value of y is 3
Answer:
6:54?
Step-by-step explanation:
Im really sorry if it's wrong but I'm pretty sure thats the answer since its a ratio
