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user100 [1]
3 years ago
11

Is anyone good at Personal finance math?

Mathematics
1 answer:
erastova [34]3 years ago
4 0

Answer:

ya I am good at personal finance math

Step-by-step explanation:

FOLLOW MY ACCOUNT PLS PLS

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How much would $300 invested at 4% interest compounded monthly be
Anna11 [10]

Answer:

$412.92

Step-by-step explanation:

You are going to want to use the compound interest formula, which is shown below.

A=P(1+\frac{r}{n} )^{nt}

<em>P = initial balance </em>

<em>r = interest rate </em>

<em>n = number of times compounded annually </em>

<em>t = time </em>

<em />

The first step is to change 4% into its decimal form:

4% -> \frac{4}{100} -> 0.04

Now plug in the values:

A=300(1+\frac{0.04}{12})^{(12)8}

A=412.92

It would  be worth $412.92

8 0
3 years ago
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3 years ago
I added the question and the example for reference. Please help! whoever is correct i will give brainliest!
Musya8 [376]

Answer:

It would be 828 inches cubed

Step-by-step explanation:

Because the boxes on top and bottom are both 6x8x6 and the middle portion is 6x7x6

6x8x6=288

6x7x6=252

288+288+252=828

3 0
2 years ago
Emilio throws a marshmallow into the air from his balcony. The height of the marshmallow (in feet) is represented by the equatio
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Answer:

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