Given
Present investment, P = 3400
APR, r = 0.0115
compounding time = 13 years
Future amount, A
A. compounded annually
n=13*1=13
i=r=0.0114
A=P(1+i)^n
=3400*(1+0.0115)^13
=3944.895
B. compounded quarterly
n=13*4=52
i=r/4=0.0115/4
A=P(1+i)^n
=3400*(1+0.0115/4)^52
=3947.415
Therefore, by compounding quarterly, he will get, at the end of 13 years investment, an additional amount of
3947.415-3944.895
=$2.52 (to the nearest cent)
25% of 700 is 175.
So the answer would be 175.
Answer:
$144
Step-by-step explanation:
since Jessie earns $12 an hour, if he works 12 hours, multiply the amount per hour by the amount of hours worked.
12 x 12 = 144
Therefore, Jessie will earn $144 in 12 hours
I can not see the answer or the question
Answer:
Step-by-step explanation:
Increase means his temp is going up. Just add.
99.2° + 3.4°
=102.6°
