Answer:
larry is incorrect because the number 2 is not a composite number, although numbers 12, 22, 32, 42, 52, 62, 72, 82, and 92 are composite, 2 isn't
Answer:
FV= $21,038.28
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $15,000
Interest rate (i)= 7% compounded annually
Number of periods (n)= 5
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 15,000*(1.07^5)
FV= $21,038.28
Answer:
g = 61.
Step-by-step explanation:
g + 9 = 70 Subtract 9 from both sides of the equation:
g + 9 - 9 = 70 - 9
g = 61.
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Answer:
$ 600
Step-by-step explanation:
From the question given above, the following data were obtained:
Principal (P) = $ 3000
Time (T) = 5 years
Rate (R) = 4%
Interest (I) =?
The total interest he will receive can be obtained as follow:
I = PTR/100
I = 3000 × 5 × 4 / 100
I = 60000 / 100
I = $ 600
Thus, the total interest he will receive is $ 600
