2.7051218047120003 is what is is converted to.
Answer:
$<em>150,858.5</em>
Step-by-step explanation:
The formula for calculating compound interest is expressed as;
A = P(1+r/n)^nt
P is the Principal = $124000.00
r is the rate = 12% = 0.12
t is the total time = 2 years
n is the time of compounding = 1/4 = 0.25(quarterly)
Substitute into the formula;
A= 124000(1+0.12/(0.25))^(0.25)(2)
A = 124000(1+0.48)^0.5
A = 124000(1.48)^0.5
A = 124000(1.2166)
A = 150,858.5
<em>The amount after 2 years if compounded quarterly is 150,858.5</em>
Answer:
$210
Step-by-step explanation:
pnr/100
700×6×5/100
$210
1 / 10 of 0.08
1 / 10 * 0.08
0.08 / 10
0.008 Ans
The following are the ages of 13 history teachers in a school district. 24, 27, 29, 29, 35, 39, 43, 45, 46, 49, 51, 51, 56 Notic
salantis [7]
Answer:
Below in bold.
Step-by-step explanation:
Minimum 24
Lower quartile 29
Median 43
Upper quartile = (49 + 51) / 2 = 50
Maximum = 56
Interquartile range = 50-29 = 21.