Answer:
interest earned= 292.878
the future value of an annuity= 892.878
Step-by-step explanation:
Given Data:
Interest rate= 5%
time,t = 8 years
Quarterly payment, P= 600
n= 4 as quarterly
At the end of 8 years, final investment A= ?
As per the interest formula
A= P(1+r/n)^nt
= 600(1+0.05/4)^32
= 892.878
Interest earned = A-P
= 892.878-600
= 292.878 !
Answer:
-12
Step-by-step explanation:
you have to divide 48 to (-4) and it equals to -12
so you multiply -12 to (-4) and it gives you 48
Answer:
100
Step-by-step explanation:
Round 9304 to 9300. 9300/93 is just 100 since 100 * 93 = 9300 (this is something easily recognizable).
18x-3=4x+11
-5 -4
14x-3=11
+3+3
14x=14
x=1 answer =1
