Answer:
w=175
Step-by-step explanation:
$3.23
Given that,
Principal, P = $2,000
Rate of interest, r = 1.96%
Tie, n = 1 month = (1/12) years
The formula of compound interest is given by :
So, the interest will she earn at the end of 1 month is $3.23
The multiples of 14
Answer : 14,28,42,56,70,84,98,112,126,140,154,168,182,196,210,224,238,252,266,280,294,308,322,336,350,364,378,392,406,420,434,448,462,476,490,504,518,532,546,560,574,588,602,616,630,644,658,672,686,
6194.84
Using the formula for calculating accumulated annuity amount
F = P × ([1 + I]^N - 1 )/I
Where P is the payment amount. I is equal to the interest (discount) rate and N number of duration
For 40 years,
X = 100[(1 + i)^40 + (1 + i)^36 + · · ·+ (1 + i)^4]
=[100 × (1+i)^4 × (1 - (1 + i)^40]/1 − (1 + i)^4
For 20 years,
Y = A(20) = 100[(1+i)^20+(1+i)^16+· · ·+(1+i)^4]
Using X = 5Y (5 times the accumulated amount in the account at the ned of 20 years) and using a difference of squares on the left side gives
1 + (1 + i)^20 = 5
so (1 + i)^20 = 4
so (1 + i)^4 = 4^0.2 = 1.319508
Hence X = [100 × (1 + i)^4 × (1 − (1 + i)^40)] / 1 − (1 + i)^4
= [100×1.3195×(1−4^2)] / 1−1.3195
X = 6194.84
6% or 2/33
I just know.