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
Just multiply the denominator and the whole number then add the numerator
23/9
7/2
37/5
16/5
23/4
33/5
The answers are in order you put it in like 1-6
Can I have brainiest please
Answer:
The frequency is relatable
Step-by-step explanation:
Answer:
1.5 for each song.
Step-by-step explanation:
subtract $6.99 by $21.99 = 15 divided by 10 = 1.5
