Answer:
4,218.75
Step-by-step explanation:
Lets say that P is your starting principal (spelled -pal and not -ple, because Your Money is Your Pal), r is the interest rate (expressed as a decimal), and Y is the number of years you invest. Then your future value will be:
P (1 + rY) (Simple Interest)
P (1 + r)Y (Annually Compounded Interest)
Note the two formulas give the same answer for one year. After that, compound interest takes off.
Answer:
0.1 I believe would be your answer
Answer:
B. 1,188 cubic units
Step-by-step explanation:
First find the area of the base
A = 1/2b*h (this would only be half the base so our formula would be)
A = b*h (Now enter values)
A = (9)(6)
A = 54 (now plug this into the volume formula)
V = Ab * h
V = (54)(22)
V = 1,188 cubic units
