The number of years (n) that the deposit stayed in his balance is given by: 65 - 18 = 47 years.
The future value (FV) of a deposit (P), deposited at an interest rate of r% compounded yearly for n years is given by

Given that <span>Jamal deposits P = $1000 into a savings account on for n = 47years at 2% interest compounded yearly, the amount in his bank account at the end of the period is given by

</span>
Answer:
4) 81/16
Step-by-step explanation:
Just solve the equation,
{3^2.5^0/4}^2
(9×1/4)^2
(81/16)
Hope it helps!
Answer:
0.06
Step-by-step explanation:
hope this helps
6 divide by 100= 0.06
Answer:
1st one is (0.03)(250)
2nd one is $7.50
3rd one is $30.00
Step-by-step explanation:
hi so for the first exercise it’s the 3rd and for the second exercise it’s the first
Step-by-step When you have to find the inverses of numbers the sign ( -or+ ) never change see: the inverse of 2 is 1/2 or the inverse of (x+7)/(3x-5) is (3x-5)(x+7), hope you’ll understand : )