Answer:
Peyton's account will have $13,842.18 after a year.
Step-by-step explanation:
Given that Peyton received $ 12,700 and decided to invest it for a year in an account that grants an interest of 8.8% per year, compounded semiannually, to determine the amount of money that will be in said account after the passage of one year, it is necessary to perform the following calculation:
X = 12,700 (1 + 0.088 / 2) ^ 1x2
X = 13,842.18
Therefore, after a year has passed, Peyton's account will be $ 13,842.18.
Answer: I need help too
Step-by-step explanation:
I think is -6
ur not dum
Answer:
Paul
Step-by-step explanation:
Paul earn more than monica. Though he is getting less interest but because of his higher initial amount he is getting more return.
Computing the return of both
Monica return is 100*3.4%= $3.4 in a year
Paul return is 200*%2.2= $4.4 in a year.
Answer:
7:42
Step-by-step explanation:
Then that would be 3 and 9.
