Answer:
10.5
Step-by-step explanation:
Let's begin by listing out the information given to us:
Principal (p) = $20,000
Interest rate (r) = 5.2% = 0.052
Number of compounding (n) = 2 (semi annually)
Time (t) = 3 years
The total return is calculated as shown below:
A = p(1 + r/n)^nt
A = 20000(1 + 0.052/2)^2*3 = 20000(1 + 0.026)^6
A = 20000(1.1665) = 23,330
A = $23,330
Answer:
24
Step-by-step explanation
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3x+2(4x-4)=3 - remove parentheses
3x+ 8x-8=3 - collect like terms
11x- 8 =3 - move the constant to the right
11x=3+8 - calculate
11x = 11 - divide both sides by 11
x= 1
Answer is A: when you add all the percents it’s 50 the rest is 50%
