To solve this, we are going to use the compounded interest formula:

where

is the final amount after

years

is the initial investment

is the interest rate in decimal form

is the number of times the interest is compounded per year

is the time in years
We know from our problems that she needs $20,857 for a down payment on a house in 9 years, so

and

. To convert the interest rate to decimal form, we are going to divide the rate by 100%

Since the interest is compounded quarterly, it is compounded 4 times per year; therefore,

.
Lets replace the values in our formula to find

:





We can conclude that the correct answer is: <span>
B. 17,633.17</span>
Answer:
-63
Step-by-step explanation:
-63 plus 52 is-11. have a good day
Answer:
≈
528cm
Step-by-step explanation:
The formula is pi multiplied by the diameter. So you multiply the radius (84) by two times. Next, you multiply 22/7 by the diameter and you will received 528cm. I hope this answers your question.
The answer to this is (4, -2)