The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
Diameter = 2*(radius)
The radius is half of the diameter, so if you were given the radius and need to find the diameter, multiply the radius by two. If you were given the diameter and need to find the radius, divide the dimaeter by two
Answer:
138.16 cm
Step-by-step explanation:
Recall that the formula for calculating the circumference is pi times diameter.
Circumference = 44 x 3.14 cm = 138.16 cm.
Answer:
Jane has 11 books
Step-by-step explanation:
If Camilla has 15 and she has 4 more than Jane just subtract 15 - 4 = 11
