Given
Present investment, P = 3400
APR, r = 0.0115
compounding time = 13 years
Future amount, A
A. compounded annually
n=13*1=13
i=r=0.0114
A=P(1+i)^n
=3400*(1+0.0115)^13
=3944.895
B. compounded quarterly
n=13*4=52
i=r/4=0.0115/4
A=P(1+i)^n
=3400*(1+0.0115/4)^52
=3947.415
Therefore, by compounding quarterly, he will get, at the end of 13 years investment, an additional amount of
3947.415-3944.895
=$2.52 (to the nearest cent)
Answer:
30 strawberry sundaes.
Step-by-step explanation:
We know there is a total of 70 sundaes.
3 sundaes will be strawberry.
4 sundaes will be choclate.
When you add 3 and 4 together, you get 7. This is your total ratio.
So 3/7 of the sundaes are strawberry.
And 4/7 of sundaes are choclate.
We know there is a total of 70 sundaes.
The total ratio we figured out is 7.
If the total sundaes is 70, and the total ration is 7. Then the total sundaes is 10 times bigger than the ratio.
This means we need to multiply the 3 strawberry sundaes and 4 choclate sundaes by 10.
3*10=30
4*10=40
So there are 30 strawberry sundaes and 40 choclate sundaes.
We need to find the strawberry sundae amount, so the answer is 30.
Hope this helps!
Approximately 284 centliters in 3 quarts
Answer:
A. 99.87%
Step-by-step explanation:
i don't explain things good
