Answer:
Semi-annually: A = $24 178.51
Quarterly: A = $24 205.73
Monthly: A = $24 224.13
Step-by-step explanation:
The formula for compound interest is
A = P(1 + r)ⁿ
A. Compounded semi-annually
Data:
P = $20 000
APR = 4.8 %
t = 4 yr
Calculations:
n = 4 × 2 = 8
r = 0.048/2 = 0.024
A = 20 000(1+ 0.024)⁸
= 20 000 × 1.024⁸
= 20 000 × 1.208 926
= $24 178.51
B. Compounded Quarterly
n = 4 × 4 = 16
r = 0.048/4 = 0.012
A = 20 000(1+ 0.012)¹⁶
= 20 000 × 1.012¹⁶
= 20 000 × 1.210 286
= $24 205.73
C. Compounded monthly
n = 4 × 12 = 48
r = 0.048/12 = 0.004
A = 20 000(1+ 0.004)⁴⁸
= 20 000 × 1.004⁴⁸
= 20 000 × 1.211 207
= $24 224.13
Answer:
It is the third option.
Step-by-step explanation:
Since when making an angle of 90º an equivalence is formed between the three points and when joining them the order of the figures is given.
The answer is bwhich is 196
Step-by-step explanation:
472-120=352 sleep in a cabin
352÷8=44 cabins
Answer:
x = 2/9 (or = 0.222)
Step-by-step explanation:
1/x + 1/(3x) =6 (multiply both sides by 3x)
(1/x) (3x) + [1/(3x)](3x) =6 (3x)
3 + 1 = 18x
4 = 18x
x = 4/18
x = 2/9 (or = 0.222)
