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faltersainse [42]
2 years ago
7

If $1,000 is invested at 16% interest, compounded annually,

Mathematics
1 answer:
Harrizon [31]2 years ago
8 0

Answer:

equation; P=A(1+r/n)^nt

P=principal amount

A=value of investment

r= interest rate in decimals

n=number of times compounded

t=time in years

P=1000(1+0.16/12)^12(5)= $2213.8 rounded

Step-by-step explanation:

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Short cut method to mulitply 12 by 50
liberstina [14]

Answer:

12 * 50 = 600

Step-by-step explanation:

We have to multiply 12 by 50

<u>Short cut method for multiplying a number by 50</u>

Step 1: Take the half of the given number

Step 2: Multiply the result by 100

<u>To find the short cut method to multiply 12 by 50</u>

Here the number is 12

Step 1: divide the number by 2

12/2 = 6

Step 2: Multiply 6 by 100 we get 600

Therefore 12 * 50 = 600

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3 years ago
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Step-by-step explanation:

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