Answer:
$38,562.5
Step-by-step explanation
Using the compound interest formula
A = P(1+r/n)^nt
P is the principal = $125,000
r is the rate = 6% = 0.06
time t = 5years
n = 0.25 (quarterly payment)
Substitute
A = 125000(1+0.06/0.25)^5(0.25)
A = 125000(1+ 0.24)^1.25
A = 125000(1.24)^1.25
A = 125000(1.3085)
A = 163,562.5
Hence the interest earned = 163,562.5 - 125000
interest earned = $38,562.5
Answer:
2/3 =
3/5 =
Step-by-step explanation:
Multiply 2/3 by 5/5 and 3/5 by 3/3.
Hope it helps!
Answer:
5
Step-by-step explanation:
200% × x = 20. x = 10. 50% of a number = 50% × 10 = 50÷100×10 = 0.5 × 10 = 5.