Answer:
D 800-20m
Step-by-step explanation:
If I am wrong then it could be B. I hope I could help.
Answer:
Step-by-step explanation:
<u>Given</u>
- Investment P₀ = $8300
- Interest rate r = 6.6%
- Compound = continuous
- Time t=14 years
- P = ?
<u>Formula for continuous compound interest:</u>
- P = P₀e
^rt, where e = 2.71828, constant used for continuous interest
- P = 8300*(2.71828)^(14*0.066)
- P = $20910.57 = $20911 rounded to the nearest dollar
Answer:
The correct way to evaluate this expression is my following the order of operations PEMDAS
P=Paranthesis
E=Exponents
M/D=multiply/divide
A/S=add/subtract
The first step in 48-(29-17) is to do what's inside the paranthesis
48-12 (29-17=12)
Then you would subtract 48-12
48-12=36
Your final answer is
36
Hope this helps ;)
Answer:
Step-by-step explanation:
$ 449.75
That is an annuity and use the attached formula.
Total = 300 * [(1.055)^11 -1] / .055 -300
Total = 300 *
<span>
<span>
<span>
1.8020924036
</span>
</span>
</span>
-1 /.055 -300
Total = 300 *
<span>.8020924036 / .055 - 300
</span>Total = 300 *
<span>
<span>
<span>
14.5834982473
</span>
</span>
</span>
-300
Total =
<span>
<span>
<span>
4375.0494741818
</span>
</span>
</span>
-300
Total =
<span>4075.05
</span>