Assuming that this is a compounding interest rate, we use the future value formula which is expressed as: F = P ( 1 + i )^n where F is the future value, P is the present value, i is the interest rate and n is the compounding periods. We do as follows:
F = P ( 1 + i )^n
8000 = 4000 ( 1 + 0.0553)^n
n = 12.88 yrs or about 13 years
Therefore, option D is the answer.
Answer:
B. 1,900
Step-by-step explanation:
You would do 31.37 * .06 which would equal 1.88
So your tax is $1.88
Answer:
40
Step-by-step explanation:
because if you do 400 divided by 10, it gives you 40
Answer:
First find the hypotenuse of the small triangle then use that value as the base of the upper triangle. Evaluate the equation formed with the “x"
