To answer this item, I assume that it is compounded yearly such that the amount of interest (I) from the given present worth (P), interest rate (i) and the number of years (n) is calculated through the equation,
I = P x (1 + i)^n - P
Substituting,
I = ($55) x (1 + 0.04)^5 - $55
I = 11.91
The answer is nearest to the first choice, $11.
Answer:
(1445+1624+x)divided by 3=1500
Step-by-step explanation:
Answer:
3 1 4 7 9 3 8
Step-by-step explanation:
Answer:
15
Step-by-step explanation:
9 squared + 12 squared = x squared
81 + 144 = x
81 + 144 = 225
the sqaure root of 225 = 15
Answer:
Step-by-step explanation:
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