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:
The correct answer is 0.541, however it isn't a choice you provided, hope that is still able to help you in some way!
To find the area of a circle you do pi (3.14) multiplied by the radius squared.
The radius is half of the diameter: 11 / 2 = 5.5in
The radius squared is 5.5^2 = 30.25
Then take the squared radius and multiply that by pi 30.25 * 3.14 = 94.985
So the area of the circle is about 94. 99 in.
Hope this helped! Mark as Brainliest please! :)))
