Answer:
Amount she would have in 2 years at a simple interest of is
$5000 + ($5000 x 0.048 x 2) = $5480
Amount she would have in 2 years at a 4.1 % / year compounded semi- annually is :
$5000 x ( 1 +0.041/2)^4 = $5422.78
the first option yields a higher value in two years when compared with the second option. Thus, the first option is the best one to choose
Step-by-step explanation:
Future value with simple interest = principal + interest
Interest = principal x interest rate x time
0.048 x 5000 x 2 = 480
future value = $480 + 5000 = $5480
The formula for calculating future value with compounding:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
5000 x ( 1 + 0.041 / 2)^(2 x 2) = $5422.78
Answer:
2x+6
Step-by-step explanation:
use distributive property
a(b+c)
=
ab+ac
plz brainliest :)
Answer:
it will take her 6 weeks
Step-by-step explanation:
150*.2=30
180/30=6
Answer
He would lose 2000 dollars either way so it doesn't really matter.
Step-by-step explanation:
If something is placed the way these places are(directly NORTH and the park is SOUTH) all you have to do is add your two values, lining up your decimal points. 1.75
+.6
2.35
Let me know if this helps by making me your brainliest answer
