Answer:
Step-by-step explanation:
<u>Given:</u>
- Investment P = $20000
- Time t = 7 years
- Interest rate r = 5.5% = 0.055
a. <u>compounded semiannually, n = 2</u>
b. <u>compounded quarterly, n = 4</u>
c. <u>compounded monthly, n = 12</u>
d. <u>compounded continuously</u>
Approximately 61.
if you divide 420 by 6.82 you get 61.58 :)
Answer:
A)
Step-by-step explanation:
The equation of a circle is where is the center and is the radius. If and , then:
Therefore, the equation of the circle is
Answer:
$2,860
Step-by-step explanation:
2,500 * 3.8% = 90 in interest a year
so
90 * 4 = 360 in interest
add that to what she put in
2,860