Given
Present investment, P = 3400
APR, r = 0.0115
compounding time = 13 years
Future amount, A
A. compounded annually
n=13*1=13
i=r=0.0114
A=P(1+i)^n
=3400*(1+0.0115)^13
=3944.895
B. compounded quarterly
n=13*4=52
i=r/4=0.0115/4
A=P(1+i)^n
=3400*(1+0.0115/4)^52
=3947.415
Therefore, by compounding quarterly, he will get, at the end of 13 years investment, an additional amount of
3947.415-3944.895
=$2.52 (to the nearest cent)
Answer: You multiply 8 x 3/4=24/4. Then you simplify your answer and it is 6 hours. 24/4 is division 24 divided by 4 equals 6.
Step-by-step explanation: Or, you can change 3/4 to a decimal which is .75. Then you multiply .75 x 8 and the answer is 6.00 which is 6 hours because you do not use the zeros after the decimal point.
<span>g^2 – 4g – 21 = (g – 7)(g +3 )
hope it helps</span>
Use the given recursion and starting value of 
to find 
:
Do the same for 
and 
:
(That's not a mistake. This just tells you that the 2nd and 3rd iterates are very close together and have at least the same first 5 digits after the decimal.)
