I don’t know what I’m solving for so I solved for h and with that it should be h=q/2+m/2
Explanation:
15h-m=13h+q
-13h -13h
———————-
2h-m=q
+m +m
———————-
2h=q+m
/2 /2 /2
———————-
H=q/2+m/2
Answer:
interest earned= 292.878
the future value of an annuity= 892.878
Step-by-step explanation:
Given Data:
Interest rate= 5%
time,t = 8 years
Quarterly payment, P= 600
n= 4 as quarterly
At the end of 8 years, final investment A= ?
As per the interest formula
A= P(1+r/n)^nt
= 600(1+0.05/4)^32
= 892.878
Interest earned = A-P
= 892.878-600
= 292.878 !
Answer:
i think the answer is 18.15
Step-by-step explanation: