Suppose $1000 is invested at 8%, compounded quarterly. How much is in the account at the end of 4 years?
1 answer:
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Step-by-step explanation:
12 = 2 × 2 × 3
18 = 2 × 3 × 3
56 = 2 ×2 × 2 × 7
Now
Common factor = 2
Remaining factor = 2 × 3 × 2 × 3 × 7
LCM = RF × CF
= 504
hence the lCM of 12 , 18 and 56 is 504...
Answer:
t = 22
2t = 45
Step-by-step explanation:
3t = 68
t = 68/3