Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Sq.root of 1240 is approx 35 mm
Answer:
77
Step-by-step explanation:
Rate as BRAINLIEST
x + 9y
we plug in x and y
5+9(8)
=5+72
= 77
the answer for the second problem is x=99 degrees and y= 261 degrees
dunno the first problem :/
Answer:
The future value of this initial investment after the six year period is $2611.6552
Step-by-step explanation:
Consider the provided information.
A student desired to invest $1,540 into an investment at 9% compounded semiannually for 6 years.
Future value of an investment: 
Where Fv is the future value, p is the present value, r is the rate and n is the number of compounding periods.
9% compounded semiannually for 6 years.
Therefore, the value of r is: 
Number of periods are: 2 × 6 = 12
Now substitute the respective values in the above formula.




Hence, the future value of this initial investment after the six year period is $2611.6552