Answer:
$172,984.44
Step-by-step explanation:
We can use the formula
to compute the final amount
Here P is the principal amount, the original deposit = $25,000
r is the annual interest rate = 6.5% = 0.065 in decimal
n is the number of times the compounding takes place. Here it is quarterly so it is 4 times a year
t is the number of time periods ie 30 years
A is the accrued amount ie principal + interest
Computing different components,
Therefore
First, find the digit in the place you are rounding to. Look at the digit one place to the right. If the digit is less than 5, round down. If the digit is 5 or greater, round up.
For example: round 1.86 to the nearest tenth
Look at the tenth digit (8). The number to the right of it is 6. Since it’s above 5, round the 8 up to 9. So you would get 1.9.
If it was 1.84, since 4 is less than 5, you would not round the 8, and you would get 1.8
Answer:
9
Step-by-step explanation:
Answer:
1
Step-by-step explanation:
2#&&#&÷&7*÷**#*×*×*÷(×(×¥=111
3x -4 (5 - x) = 7x -20
3x-20+4x=7x-20
7x-20=7x-20
