Answer:
$64,269.65
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First, change 6.25% into a decimal:
6.25% -> -> 0.0625
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
The value of Sara's investment after 30 years will be $64,269.65
Answer:
54.4
Step-by-step explanation:
Answer: the lower the price the more people want to come to the baseball game.
Step-by-step explanation:
1.D
2.B
3.C
4.C
5.C
Are the answers