Answer:
$10,000
Step-by-step explanation:
Cross multiply and divide by 55.
Hope this helps!
Answer:
Step-by-step explanation:
a=1
r=-6/1=-6

Use the following abbreviations:
y = year,
d = day,
h = hour,
min = minute,
s = second,
ms = millisecond.
Then

Therefore, the correct calculation is
1000 * 60 * 60 * 24 * 365
Answer: 1000 * 60 * 60 * 24 * 365
<span>Total = Principal × ( 1 + Rate )<span>^years
</span></span><span>Total = 150,000 * (1.055) ^ 30
</span>Total = 150,000 *
<span>
<span>
<span>
4.9839512884
</span></span></span>Total =
<span>
<span>
<span>
747,592.69</span></span></span>
<span>Total = 150,000 * (1.065) ^ 30
</span><span><span><span>Total = 150,000 * 6.614366163
</span>
</span>
</span>
<span>Total = 992,154.92</span>
Difference = 992,154.92 -<span>747,592.69 =
</span><span>244,562.23
</span>
Source:
http://www.1728.org/compint.htm
online interest calculator