Answer:
Point to point indexed annuity.
Step-by-step explanation:
An indexed annuity is linked to specific index performance. Point to point indexed annuity is the one which gives interest on the basis of index percentage change. The interest credit is calculated by taking the percentage change between the beginning and end points of the index.
I = p * r * n
i is the interest
p is the principal
r is the interest rate per time period
n is the number of time periods.
in your problem:
i = 900
p = 2000
r = what you want to find
n = 3 years
formula becomes 900 = 2000 * r * 3
solve for r to get r = 900 / 2000 / 3 = .15
that's .15 interest rate per year = 15% per year.
at a nominal interest rate of .15 per year, the interest rate per month would be .15/12 = .0125 per month.
the remaining balance at the end of 6 month is equal to 1907.140183
ANSWER:
15 SLICES
Explanation:
Joe ate 2 slices (1/4 = 2/8), Rhoda ate 3 (3/8), Chris ate 4.
2+3+4= 9.
There are 3 pizzas divided into 8 slices per pizza.
3 x 8 = 24 ; 24 SLICES TOTAL
Subtract 9 (that’s what was consumed) from 24.
24-9 = 15 ; 15 SLICES LEFT OVER
pls mark brainliest hehe
Answer:
11
Step-by-step explanation:
11
Answer:
5 more men
Step-by-step explanation:
10 men do a job in 6 hours.
To do the job in 2 hours, 1/3 of the time, you need 3 times as many men.
30 men do a job in 2 hours.
To do the job in twice the time, 4 hours, you need half the men.
15 men do a job in 4 hours.
15 men - 10 men = 5 men
You need 5 more men.
