The future value of cash whose initial value is $845, at the rate of 11.3% for 7 years will be calculated using the compound interest rate, that is:
A=p(1+r/100)^n
where:
A=future amount
r=rate=11.3%=0.113
time=7 years
thus the future value of our cash will be:
A=845(1+0.113)^7
A=845(1.113)^7
A=$1,787.82
Answer: 14
Step-by-step explanation:
20% of 60=12
20% of 10=2
12+2=14
Answer:
The answer is 25064.
Step-by-step explanation:
<u>There is a mistake in the question so the correct is below:</u>
What is 6 tenths 20 thousandths 4 ones and 50 hundreds.
Now, to solve it:
So, we arrange it in sequence:
20 thousandths 50 hundreds 6 tenths and 4 ones.
Now,
20 thousandths = 20 <u>000</u>
50 hundreds = 50 <u>00</u>
6 tenths = 6 <u>0</u>
4 ones = 4
Thus, 20 thousandths 50 hundreds 6 tenths and 4 ones is :
20,000 + 5000 + 60 + 4.
= 25064.
Therefore, the answer is 25064.