About $73.05 or $73; multiply .335 with $54.72 then add that answer to $54.72
Answer: $310,000
Step-by-step explanation:
In 40 additional years, the amount she made less than her college counterparts was;
= 10,000 * 40
= $400,000
She however made $90,000 more than them as they went to college;
= 400,000 - 90,000
= $310,000
The long-term financial cost was $310,000.
The answer is 40 your welcome
Answer:
Ox>5
x is less than 5
means nothing more than 5 but anything less than 5
Answer: the value of the account at the end of 6 years is is $8577
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 6000
r = 6% = 6/100 = 0.06
n = 4 because it was compounded 4 times in a year.
t = 6 years
Therefore,.
A = 6000(1+0.06/4)^4 × 6
A = 6000(1+0.015)^24
A = 6000(1.015)^24
A = $8577
