Answer:
After 12 years the investment will be worth $5145.
Step-by-step explanation:
The formula used for compounded interest is:
A = P(1+r/n)^nt
where,
A = future value
P = Principal Amount
r = interest rate
n = no of times interest is compounded
t = time
In the question given:
A=?
P = $2100
r = 7.75% or 0.0775
n = 1
t= 12
A= 2100*(1+0.0775/1)^1*12
A= 2100 *(1+0.0775)^12
A= 2100 *(1.0775)^12
A= 2100 * 2.45
A= 5145
So, after 12 years the investment will be worth $5145.
I would love to help you but you haven’t given the sets
Answer:
I would say 3
Step-by-step explanation:
ABC is a scaled down triangle of AED
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Answer:
"D" only 1 & 2
Step-by-step explanation:
Answer:
The only difference is: If you multiply or divide both sides of an equation by the same negative number, the equation remains the same, but If you multiply or divide both sides of an inequality by the same negative number, the inequality reverses.
