The answer is 6 because you add the 1 and the 2 first and then multiple to get 6. I don’t know why you put the division sign in front of the 2 though.
Answer:
2.5 years
Step-by-step explanation:
I = 200 T=200/4000 0.2 = 2.5 years
P= 4000
R = 2% 0.2
T = ?
<span>(2.2 × 1012) + (1.7 × 109) = 2411.7</span>
Answer:
M is the slope
Step-by-step explanation:
In the equation y=mx+b the slope is the number “m” that is multiplied by the x and “b” is the y intercept
The future value of cash whose initial value is $845, at the rate of 11.3% for 7 years will be calculated using the compound interest rate, that is:
A=p(1+r/100)^n
where:
A=future amount
r=rate=11.3%=0.113
time=7 years
thus the future value of our cash will be:
A=845(1+0.113)^7
A=845(1.113)^7
A=$1,787.82