Answer:
-5.995
Step-by-step explanation:
Answer:
g= 4 and g =5
Step-by-step explanation:
Answer:
A) a • (b • c) = (a • b) • c
Step-by-step explanation:
The associative property of multiplication (or addition) shows that the order the numbers are multiplied it irrelevant, more specifically in the manners of parentheses.
So, the answer is A, which can also be seen in that substituting a as 5, b as 3, and c as 6 gives us the first example.
Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
There would be no solution.