Answer:
6
Step-by-step explanation:
3+(-h)+(-4)
Let h = -7
3+(- -7)+(-4)
3+(7)+(-4)
10 -4
6
Answer:
85.714%
Step-by-step explanation:
You are essentially solving for the percentage of 12/14. Divide:
12/14 = 0.85714
Change the decimal into a percentage by moving the decimal point to the right two place values:
0.85714 = 85.714%
85.714% is your answer.
~
The main formula is A=P(1+r/n)^nt, where A=amount of $ in the account at the specified time, P=principal (amount originally invested), r=interest rate, expressed as a decimal number, t=time, in years, of the investment, and n=number of times the account is compounded annually.
In our equation:
P=$11,600
r=7.25%=.0725
t=17 years
n=1 (compounded annually)
A= 11600(1+.[0725/1])^(1*17)
=11600(1+.0725)^17
=11600(1.0725)^17
=11600(3.286654969)
A=$38125.20
