Answer:
$2647.18
Step-by-step explanation:
Formula : ![A[\frac{1+(\frac{r}{n})^{n}-1 }{(\frac{r}{n} )}]](https://tex.z-dn.net/?f=A%5B%5Cfrac%7B1%2B%28%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bn%7D-1%20%7D%7B%28%5Cfrac%7Br%7D%7Bn%7D%20%29%7D%5D)
Future value = $43,000
r = rate of interest = 9% = 0.09
t = 3.5 years (compounded quarterly)
n = number of compounding (3.5 × 4) = 14
Now put the values into formula :
43000 = ![A[\frac{1+(\frac{0.09}{4})^{14}-1 }{(\frac{0.09}{4} )}]](https://tex.z-dn.net/?f=A%5B%5Cfrac%7B1%2B%28%5Cfrac%7B0.09%7D%7B4%7D%29%5E%7B14%7D-1%20%7D%7B%28%5Cfrac%7B0.09%7D%7B4%7D%20%29%7D%5D)
43000=A(
43,000 = A(16.243708)
A = 
A = $2,647.17883 ≈ $2647.18
To round off to 10, the difference should range from 5 to 14. If the difference between two numbers is from 5 to 14, they all are rounded to 10.
Example:
(near to 10)
Step-by-step explanation:
1
Answer:
Hi there!
Your answer is:
No, p= 3 is <u>not</u> a solution for this equation!
Step-by-step explanation:
4(3) = 24 ???
4×3 = 24?
12 = 24??
NO. 12 does <u>NOT</u> equal 24!
Hope this helps
Answer:
ok i already did ur paragraph is that it
