Answer:
$7153.03
Step-by-step explanation:
To find the total amount after 3 years, we can use the formula for compound tax:
P = Po * (1+r/n)^(t*n)
where P is the final value, Po is the inicial value, r is the rate, t is the amount of time and n depends on how the tax is compounded (in this case, it is semi-annually, so n = 2)
For our problem, we have that Po = 5000, r = 12.3% = 0.123, t = 3 years and n = 2, then we can calculate P:
P = 5000 * (1 + 0.123/2)^(3*2)
P = 5000 * (1 + 0.0615)^6
P = $7153.029
Rounding to the nearest cent, we have P = $7153.03
I think the answer for your question is B
A "system" of equations is a set or collection of equations that you deal with all together at once. Linear equations (ones that graph as straight lines) are simpler than non-linear equations, and the simplest linear system is one with two equations and two variables.
Who is Ben and Arthur? I’m sorry, I’m not with the trends. And investing early is important, coming for a young entrepreneur like myself.
Simply make the line, and then add the units equally.
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1/4 1/2 1 1 1/4 1 1/2
