Answer:
At the end of 3 years, we could save upto $ 2975.4 with an interest rate of 3.3 %
Step-by-step explanation:
If we are putting $ 2700 into our IRA ( individual Retirement Account) for 3 years and we are earning 3.3% profit every year, we need to find the total amount saved at the end of 3 years.
Since the interest is calculated for more than 1 year, this is an example of compound interest.
The formula used is:
where FV = future value
P= Principal amount of money deposited
r= annual interest rate ( in decimal form)
n= number of times interest rate is compounded (yearly)
t= time period
So for our given guestion:
P= $2,700
r = 3.3 % = 0.033
n= 1
t= 3
putting our values in the formula
So, at the end of 3 years, we could save upto $ 2975.4 with an interest rate of 3.3 %
Answer:
1/4
Step-by-step explanation:
minus power can be moved below the division line as 2^2/2^4=4/16
Ydbn32.0212112
duvce dsgj I think
Answer:
<h2>B] (-10, 0)</h2>
Step-by-step explanation:
The x-intercepts are where the graph crosses the x-axis.
<em>(look at the picture).</em>
<em />
The y-intercepts are where the graph crosses the y-axis.
<em>(look at the second picture)</em>
<h3>(0, -2)</h3>
Answer:
Half of 24 is 12
Step-by-step explanation:
24/2 = 12