Answer:
If it went up it would be: 50596.35 and if it went down it would be: 7556.66
Step-by-step explanation:
Here will be the function if it went up:
20000(1+0.0475)^20
Here’s if it went down:
20000(1-0.0475)^20
Answer:
there is $9360 worth of invertory left as of december 31
Step-by-step explanation:
Maybe try searching it up cause I’m not exactly sure if my answers would be right
q=10
Remove the radical by raising each side to the index of the radical
Hope this helps!
Answer:
Annually: Total Amount = 1611.76, Interest Amount = 711.76
Semiannually: Total Amount = 1625.50 , Interest Amount = 725.50
Quarterly: Total Amount = 1632.62 , Interest Amount = 732.62
Step by Step Explanation:
We can see from the table that the factor that we need to multiply with 900 in order to get amount for compounded annually is 1.7908477. Therefore, our total amount is 1.7908477*900 = 1611.76 and interest earned is 1611.76-900 = 711.76.
The factor that we need to multiply with 900 in order to get amount for compounded semiannually is 1.8061112. Therefore, our total amount is 1.8061112*900 = 1625.50 and interest earned is 1625.50-900 = 725.50.
The factor that we need to multiply with 900 in order to get amount for compounded semiannually is 1.8140184. Therefore, our total amount is 1.8140184*900 = 1632.62 and interest earned is 1632.62-900 = 732.62.
