Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Answer:
The value of L×B is 15
Step-by-step explanation:
L×B
5×3
15
X + 4/5 = 11
x = 11 - 4/5
x = 55/5 - 4/5
x = 51/5 or 10 1/5
or u can do it this way..
x + 4/5 = 11.....multiply everything by common denominator of 5
5x + 4 = 55
5x = 55 - 4
5x = 51
x = 51/5 or 10 1/5
Answer: 5
Step-by-step explanation:
Answer:
buy a used better tuck with the 25400 inside of buying the truvk that is broke or thst you to repair
Step-by-step explanation:
jus buy the better truck.
