Answer:
$7153.03
Step-by-step explanation:
To find the total amount after 3 years, we can use the formula for compound tax:
P = Po * (1+r/n)^(t*n)
where P is the final value, Po is the inicial value, r is the rate, t is the amount of time and n depends on how the tax is compounded (in this case, it is semi-annually, so n = 2)
For our problem, we have that Po = 5000, r = 12.3% = 0.123, t = 3 years and n = 2, then we can calculate P:
P = 5000 * (1 + 0.123/2)^(3*2)
P = 5000 * (1 + 0.0615)^6
P = $7153.029
Rounding to the nearest cent, we have P = $7153.03
Answer:
⅓
Step-by-step explanation:
Less than 3: 1 or 2
2/6 = 1/3
Answer this by finding the average of 2.4 and 2.5:
2.4 + 2.5
-------------- = 2.45 acres
2
Answer:
d = 10.8167
Step-by-step explanation:
The distance between two points can be easily found by using the following expression
d = √((x1-x2)^2 + (y1-y2)^2)
where
(x1,y1) = (6,-4)
(x2,y2) = (0,5)
d = √((6-0)^2 + (-4-5)^2)
d = √(36 + 81)
d = √(117)
d = 10.8167