Answer: $5,678.85
Step-by-step explanation:
First find out how much the fund was worth after 5 years.
Compound interest formula:
= Investment * (1 + rate) ^ years
= 4,000 * ( 1 + 11%)⁵
= £6,740.23
Half was removed:
= 6,740.23/2
= £3,370.12
Then compound this for the remaining 5 years:
= 3,370.12 * (1 + 11%)⁵
= $5,678.85
The answer would be <span>6.5.12
A triangle couldn't be made if the total sum of the two shortest side is less than the longest side. In this case, the two shortest side would be 5 and 6. The longest side would be 12.
If you try to add the two lowest side, the result would be 5+6=11. That means even if you make the triangle with 179.99 degrees that the 5 and 6 look like a straight line, the longest side it can achieve is 11.</span>
Answer:
$72,100
Step-by-step explanation:
To calculate the total principal+interest payment, you can use the formula to find the future value:
FV=PV(1+i)^n
FV= Future value
PV= Present value= $58,200
i= Interest rate= 7.40%
n= Number of periods of time= 3 years
Now, you can replace the values on the formula:
FV=58,200*(1+0.0740)^3
FV=58,200*(1.0740)^3
FV=72,100
According to this, the answer is that the total principal + interest payment will be $72,100.
49/8=6 (nearest whole number)
You could do -1/-2 times -5/-4 which would be 5/8
