Answer:
$2647.18
Step-by-step explanation:
Data provided in the question:
Rate = 9% compounded quarterly
interest rate per period, i = 9% ÷ 4 = 2.25% = 0.0225
Future value = $43,000
Time = 3.5 years
Number of periods, = 3.5 × 4 = 14
Now,
Let the annual payments be 'A'
Thus,
Future value = A × [ (1 + i)ⁿ - 1 ) ÷ i ]
or
$43,000 = A × [ (1 + 0.0225)¹⁴ - 1 ) ÷ 0.0225 ]
or
$43,000 = A × 16.244
or
A = $2647.18
Answer:
(-2) + (3-7)
(-1) * (-2)
EVALUATE THE EXPRESSION
Step-by-step explanation:
HELP ME
Answer:
m=9t
Step-by-step explanation:
to figure out how much money you earned, you have to multiply how long you worked by the amount you get paid
<u><em>Answer:</em></u>
The sales tax is 8%
<u><em>Explanation:</em></u>
<u>We are given that:</u>
The price of the rocket is $24 and the sales tax is $1.92
To get the percentage of the sales tax, all we have to do is divide the sales tax by the price of the rocket and then multiply the quotient by 100 (to convert the ratio to percentage)
<u>This is done as follows:</u>
% of sales tax = 
% of sales tax = 
%
Hope this helps :)
