Answer:
8000 is a perfect cube but 3375 can be also but i m a little sure that 8000 is a perfect cube
If it's compounded annually, it basically means the interest rate will apply once a year.
So the answer will be 1.
You could do 228/6 = 38
2280/60 = 38
hope this helps you
Answer:
The first one is either 88 feet or 90 feet
Step-by-step explanation:
Answer:
future value = $49163.8
so required amount will be $491200 nearest $100
Step-by-step explanation:
given data
annual interest rate = 6 %
annuity = $300 per month
time period = 10 years
to find out
how much money will they have for the college expenses
solution
we know that effective rate will be
effective rate = 
effective rate = 5 × 
number of payment = 12 × 10 = 120
so future value will be express as
future value = annuity ×
.........1
future value = 300 × 
future value = 300 × 163.8793
future value = $49163.8
so required amount will be $491200 nearest $100