Answer:
8^5
Step-by-step explanation:
division is just minusing exponents
The two numbers (rounded) are
<em>5.84823</em> and <em>0.17157</em>
Answer:
- value: $66,184.15
- interest: $6,184.15
Step-by-step explanation:
The future value can be computed using the formula for an annuity due. It can also be found using any of a variety of calculators, apps, or spreadsheets.
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<h3>formula</h3>
The formula for the value of an annuity due with payment P, interest rate r, compounded n times per year for t years is ...
FV = P(1 +r/n)((1 +r/n)^(nt) -1)/(r/n)
FV = 5000(1 +0.06/4)((1 +0.06/4)^(4·3) -1)/(0.06/4) ≈ 66,184.148
FV ≈ 66,184.15
<h3>calculator</h3>
The attached calculator screenshot shows the same result. The calculator needs to have the begin/end flag set to "begin" for the annuity due calculation.
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<h3>a) </h3>
The future value of the annuity due is $66,184.15.
<h3>b)</h3>
The total interest earned is the difference between the total of deposits and the future value:
$66,184.15 -(12)(5000) = 6,184.15
A total of $6,184.15 in interest was earned by the annuity.
Answer:
15,267
Step-by-step explanation:
To solve this problem, lets use the exponential growth formula which is:
A = total amount
P = original amount
r = growth rate (decimal)
t = years
<u>Before we plug in the values, don't forget to change 3.5% to its decimal form.</u>
3.5% ->
-> 0.035
Lets plug in the values:


The population after 7 years will be 15,267.
Answer:
Combine the terms
300 + 70 = 370
5/10 + 8/100
Note that first, you must find common denominators. What you multiply to the denominator, you multiply to the numerator. Multiply 10 to the numerator and denominator of 5/10
(5/10)(10/10) = 50/100
50/100 + 8/100
Combine the terms
50/100 + 8/100 = 58/100
370 58/100 is another way to write it