Answer: Im not sure but i think its 120,960
Step-by-step explanation: i know that there is 2 of the 6-month periods in a year and multiplied that by 8 and got 16. Then i did 7000x.08=560 and then i added that to 7000 and got 7560. FInally i multiplied that by 16 and got 120,960.
Answer:
$1,179
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, lets change 2.6% into a decimal:
2.6% -> -> 0.026
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
The account balance after 10 years will be $1,179
Since it’s a square all sides are even. Meaning you multiply 7/12 by 4. Giving you 7/3 or 2 ⅓. Hope this helps!
Answer:djd
Step-by-step explanation:weljfnw
Answer:
2.5 one decimal rounding off means to make it to one decimal place.the no is 24.9652 if you want to round of then you have to put decimal after 2 only then it will be one decimal place .this is because when we see a number after the point greater than 5 then we add 1 to the right side .now if we add 1 to the right side of 24.9652 by rounding off and making it to one decimal place then it will be 2.5.