The one time investment of $1000 would worth $10285.72 after 40 years at 6% rate of return
What is annual compounding?
Annual compounding means that the number of times interest is compounded annually is once, compared to semiannual compounding where the interest on the investment is calculated twice a year.
The worth of the investment after 40 years means its future value after having invested $1000 for 40 years using the below formula for future value of a single cash flow:
FV=PV*(1+r)^N
FV=future worth of investment=unknown
PV=initial investment=$1000
r=rate of return=6%
N=number of years of investment=40
FV=$1000*(1+6%)^40
FV=$1000*1.06^40
FV=$1000* 10.2857179371259
FV=$10285.72
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Answer:
x=-1/3
x=7
Step-by-step explanation:
Not sure if this correct tho
Answer:
Either a reflection across the origin. Or a 180° clockwise rotation.
Answer:
6
Step-by-step explanation:
No. objects in one set = 7
Let there be n set
Then, No. objects in n set = 7*n = 7n
Given that total no of objects are 48
Thus,
7n = 48
n = 48/7 = (42+6)/7 = 42/7 + 6/7 = 6 + 6/7
n = 6 + 6/7
Thus, there will be 6 set which has 7 objects. fraction means one set is fraction 6/7 but set cannot be in fraction hence negating it.
Now, total objects in 6 sets = 6*7 = 42.
No. of objects left = 48 - 6 = 6
