Answer:
FV= $8,436
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $5,700
Simple interest (i)= 8% = 0.08
Number of periods (n)= 6 years
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*i*n + PV
FV= 5,700*0.08*6 + 5,700
FV= $8,436
Answer:
About 3%
Step-by-step explanation:
It decreased.
3% of 465056=13951
465056-13951=451105
3.6% of 465056=16742
465056-16742=448314
The amount you want it 450678 and 451105 is closer to 450678 than 448314.
Answer: 501, 511
Step-by-step explanation:
You add ten so 491 plus 10 would 501.
Answer:
The rate of descent is 4 ft/min.
He will descent 24 ft in 6 min.
Step-by-step explanation:
Consider the provided information.
He starts at sea level and then descends 10 feet in 2 1/2 minutes.
First convert the mixed fraction as shown:
Therefore the rate of descent is:
The rate of descent =
Hence, the rate of descent is 4 ft/min
Now find In 6 minutes, how much he will descent:
Hence, he will descent 24 ft in 6 min.