Answer:
$15,539.67
Step-by-step explanation:
Compound Interest Formula
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- P = $11,000
- r = 5.8% = 0.058
- n = 4 (quarterly)
- t = 6 years
Substitute the given values into the formula and solve for A:
Therefore, the value of the investment after 6 years will be $15,539.67 to the nearest cent.
Answer:
46
Step-by-step explanation:
180 minus 105 minus 29
Answer:
B Step-by-step explanation:
Answer:
0.6 because its 58% chance which is 0.58 which rounds to 0.6
Step-by-step explanation:
For 6: 12, 18, 24, 30, 36
For 9: 18, 27, 36, 45, 54
For 7: 14, 21, 28, 35, 42