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
Answer:
1
Step-by-step explanation:
Answer:
21 pencils
Step-by-step explanation:
b 21 pencils
Step-by-step explanation:
Y is directly proportional to X" can be rewritten as a mathematical expression of the form Y = KX
"K" is the constant of proportionality and must be determined from the initial information.
If Y = 2/3 when X=1/12means 2/3=1/12
K = 2/3÷1/12 = 8
Now that we know the value of K, we can use it to calculate the value of Y when X=1/2
Y = (8)(1/2) = 8/2=4
Y=4
Hello.
The answer is <em>D. It is reviewed and amended. </em>The reason why is because the State Constitution(s) are usually longer than the regular Constitution, which has roughly 4,000 words. State Constitutions are normally 8,500 words or longer. So it takes a long time to amend because they are longer.