Answer:
The person must invest the money in the bank for 18 years to reach $19600, if a person invests 9000 dollars in a bank and the bank pays 4.25% interest compounded daily.
Step-by-step explanation:
Answer:
If your investment dropped 7% and then increased by 8% you will not be a percent ahead. The reason being is that the increase is a lower amount and the decrease was on a larger amount.
For example, if you have $100 invested. 100*.07=$7, 100-7=$93 remaining. 93*08= $7.44. 93+7.44=100.44 (a .44 increase from the original number). One percent increase from the original number would have $101.
Answer:
5/8
Step-by-step explanation:
5/8=0.625
4/9= 0.44
Answer:
A
Step-by-step explanation:
A)12
48÷2= {24}1 day per person
24-12=12
Answer:
25
Step-by-step explanation:
a1 = - 3 Given
d = 2 Given
n = 15 Given
Formula
tn = a1 + (n - 1) * d
Substitute and solve
t15 = -3 + (15 - 1) * 2 Calculate what's in the brackets.
t15 = -3 + 14*2 Combne
t15 = -3 + 28 Add the two terms
t15 = 25
