Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
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Compound interest</h3>
Compound interest is given by:
where A is the amount after t years, P is initial amount, r is the rate and n is the times compounded per period
Given that n = 1, r = 9% = 0.09, A = $7500 t = 11. Hence:
Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
Find out more on Compound interest at: brainly.com/question/24924853
Answer:
$3,659.82
Step-by-step explanation:
Adding to the checkbook those debits and credits not already there brings its balance to ...
... $3045.58 +651.84 -37.60 = $3659.82
Adjusting the bank's balance by the deposits and checks not already there brings its balance to ...
... $4262.92 +220.05 -325.50 -497.65 = $3659.82
Thus, the reconciled accounts will agree on the balance $3659.82.
No one can help you if you dont show us the work my dude. But the was to convert them is say you have 1/4 that is 25% of a whole. Sorry i couldnt help more repost the question with a link and people can help then.
