9514 1404 393
Answer:
$7,358
Step-by-step explanation:
Assuming the interest is compounded annually, the amortization formula is useful here.
A = Pr/(1 -(1+r)^-t)
A is the annual scholarship, P is the principal invested at rate r for t years.
A = $100,000(0.04)/(1 -1.04^-20) = $7,358.18
The university could give $7,358 in scholarships each year.
5/6 multiply by 2 up and down to make dominator equal then add the nominator 5 and since down is equal it is 5/6 hope this helps
Answer:
The answer is 34.4
Step-by-step explanation:
Trust me it's correct
Pls mark me as brainliest
Answer: 1
Step-by-step explanation: