Are you sure you wrote all the correct numbers because it does not work
Answer:
$14,048.62
Step-by-step explanation:
The interest is 9% per year and compounded 3 times a year, so each compound will be 9%/3 = 3%
The time elapsed will be 15 years and the interest compounded 3 times a year, so the number of compounds happens will be = 15 years* 3 compounds/year= 45x compound.
So basically the money will get 3% interest 45 times. To put into the compounding interest formula, the final account balance will be:
A = P (1 + [ r / n ]) ^ nt
A= amount of the balance after a period of t
P= principal, the initial money deposit( $3,715)
r= rate(9%)
n= number of compound per unit of time(3 times per year)
t= time(15 years)
The calculation will be:
A = P (1 + [ r / n ]) ^ nt
A =
A = $14,048.62
Answer:
x = 1
Step-by-step explanation:
Remember that the axis of symmetry is exactly halfway between the x-intercepts. Find the average of -3 and 5 to obtain this x-value: It is:
-3 + 5
x - intercept = ------------ = x = 1
2
Answer:4
Step-by-step explanation:
Answer: When you multiply by 0.1 it is the same as dividing by 10. So it gives you a product that is less than 37.4.