Given rate is = 7% or 0.07
Total amount needed = $12000
Time = 4 years
Here, the deposit is compounded semiannually, means twice per year and this gives 8 annual compounding periods in 4 years.
The equation becomes:
P= 
P = 
Solving it, we get P = $ 9112.93
Hence $9112.93 should be deposited today.
Answer:
It is 39 cupcakes.
Since he charges $2 per cupcake (39), it is 78.
He makes profit so subtract 30 from 78 and you get $48.
Answer:
It's the last one (-14) +(-8)
Step-by-step explanation:
since (-14)-8 is -22 and the last one is also -22
The solution to the problem is as follows:
<span>→x− 4% (x) = 261</span>
<span><span>
→x − <span><span>4x/</span>100 </span>= 261
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