Answer:
FV = P(1 + r/t)^nt; where P is the initial investment, r is the rate, t is the number of accumulation in a year, n is the number of years.
FV = 7650(1 + 0.05/4)^(9 x 4) = 7650(1 + 0.0125)^36 = 7650(1.0125)^36 = 7650(1.564) = $11,964.17
Step-by-step explanation:
I'm fairly sure it's C - even as a prediction, if you add (4x2) and (2x2) it's 12 - and the closest is thirteen, adding on the fractions.
Answer:
no clue
Step-by-step explanation:
but you got this
We have
1.234 in-----> 1+(0.234) in
we know that
1/64=0.015625
so
0.234/0.015625=14.98-----> 15
15/64-----> 0.234
therefore
1.234 in is equal to -----------> 1 15/64 in
the answer is
1 15/64 in