Answer:
<em>a. $42,572 at 2%, </em>
<em>b. $35,559 at 5% </em>
<em>c. $29,702 at 8% </em>
Step-by-step explanation:
The formula used for FV calculation for Continuous Compounding is as under:
Where,
FV = Future Value = $8000 each year (At the end of 6 years = $8000 x 6 = $48,000)
PV = Present Value
e = Mathematical Constant = 2.713
i = Interest Rate
t= time in years
a) For 2%:
b) For 5%:;
c) For 8%:
Note: <em>Investing $42,572 at 2%, $35,559 at 5% and $29,702 at 8% today will get $48,000 at the end of 6 years. </em>
Well, assuming that you need to round to the nearest whole number, what is six closer to? 0, or 10? The answer is 10. Therefore, you would round up to 33. Hope this helps!
Answer:
The pup tent is a triangular prism ⇒ D
Step-by-step explanation:
Lets describe each shape
Rectangular prism has
- 6 faces
- All the faces are rectangles
Triangular pyramid has
- 4 faces, 1 base and 3 side faces
- All the faces are triangles
Rectangular pyramid has
- 5 faces, 1 base and 4 side faces
- The base is a rectangle and the 4 side faces are triangles
Triangular prism has
- 6 faces
- The 2 faces are triangles and the 4 faces are rectangles
∵ The pup tent has a rectangular floor
∵ It has two rectangular sides
∵ It has two triangular sides
∴ The tent has 5 faces, 2 triangular faces and 3 rectangular faces
- That means the tent is a triangular prism
∴ The pup tent is a triangular prism