A = P (1 + r/n)^nt
A = 4000(1 + 0.05/1)^(13)(1)
A = $7542.59
This would just be 7 1/5 + 3/5 since the negative sign gets distributed and makes (-3/5) into a positive number.
From there you have basic math and you get 7 4/5.
Answer:620
Step-by-step explanation: lets say the total of school is X so:
X.35÷100=217
when we calculate this the answer will be 620
Total = 500 * ([(1 + .07)^26 -1] / .07) -500
Total = 500 * (<span><span>4.8073529249
</span>
/ .07) -500
</span>Total = 500 * (<span>68.6764703562) -500
</span>Total =
<span>
<span>
<span>
33,838.24
</span></span>
Source:
http://www.1728.org/annuity.htm
</span>