Answer:

A = 3000(1 + .06/12)^120
strange the question did not want you to calculate the amount
that was given....
the interest is 5,458.19 - 3000 = 2,458.19
Step-by-step explanation:
Answer:
d. $10,234.80
Step-by-step explanation:
we are given
The equipment will cost $26,000
so, Amount is $26000
A=26000
should be invested today at 12%
r=12%=0.12
It is compounded semiannually
so, n=2
t=8
now, we can use formula

now, we can plug values

now, we can solve for P

Answer:
1242.81
Step-by-step explanation:
Answer:
20
Step-by-step explanation:
divide 300 by 15 and there's your answer