Answer:
interest earned= 292.878
the future value of an annuity= 892.878
Step-by-step explanation:
Given Data:
Interest rate= 5%
time,t = 8 years
Quarterly payment, P= 600
n= 4 as quarterly
At the end of 8 years, final investment A= ?
As per the interest formula
A= P(1+r/n)^nt
= 600(1+0.05/4)^32
= 892.878
Interest earned = A-P
= 892.878-600
= 292.878 !
Answer:
I think humans live in these places.
Step-by-step explanation:
I think humans live in these places because they are man-made structures made for civilizations, for example the houses and roads.
Answer:
Altogether they lost 150 pennies.
Step-by-step explanation:
X = Dante's pennies
Y = Mia's pennies
X + Y = 350 1/2 X = 2/3 Y
X = 4/3 Y
4/3 Y + Y = 350
7/3 Y = 350
Y = 350 * 3/7
Y = 50 * 3
Y = 150
X + 150 = 350
X = 200
1/2 * 200 = 2/3 * 150
100 . = 100
1/2 * 200 = 100 -> Dante lost 100 pennies
1/3 * 150 = 50 -> Mia lost 50 pennies
Altogether they lost 150 pennies.
