The future amount of the current deposit given that the interest is simple and yearly is computed through the equation,
F = P x (1 + in)
where P is the principal amount, F is the future amount, i is the interest (in decimal form) and n is the number of years.
In this certain problem, we substitute the known values to the equation and solve for P,
2419.60 = P x (1 + (0.052)(1))
P = 2300
Thus, the initial investment was worth $2,300.
Answer:
In order to produce 50 seconds worth of frames of pinocchio, there has to be 950 frames that should be made.
Step-by-step explanation:
Answer:
It's the first one. We notice that for every package there are 36/3 = 12 pencils. Therefore for 4 packages there will be 4*12 = 48 pencils.
Answer:
the answer is 13.2
Step-by-step explanation: