What is 1/8 times 3/4
1 answer:
You might be interested in
Answer: 3
Step-by-step explanation:
The formula for finding equation of a line in slope - intercept form is given as :
Where m is the slope and c is the y - intercept.
Equation given :
, comparing with
,
Therefore , slope = 3
Answer:
$12800.85
Step-by-step explanation:
Given information: Principal = $10,000, rate of interest = 0.05, number of times interest compounded=2, time = 5 years.
The formula for amount after compound interest is
where,
P is principal.
r is rate of interest.
n is number of times interest compounded per unit period.
t is number of periods.
Substitute the given values in the above formula.
Therefore, the future value of the $10,000 investment in five years is $12800.85.