Yes but it dose depend on the problem
Use the compound interest formula.
A = P*(1 +r/n)^(n*t)
where P is the principal, r is the annual rate, n is the number of compoundings per year, and t is the number of years.
For the first investment, ...
A = 208,000*(1 +.08/4)^(4*5) = 309,077.06
For the second investment, ...
A = 218,000*(1 +.07/2)^(2*4) = 287,064.37
Totaling both investments at maturity, Megan has $596,141.43.
Answer:
15x + 7
Step-by-step explanation:
x + (7 + 14x)
x + 7 + 14x
15x + 7
Answer:
the answer is two groups. six times two is 12, 12 is one less than 13 but six cannot go into one