Math seems difficult because it takes time and energy. Many people don't experience sufficient time to "get" math lessons, and they fall behind as the teacher moves on.
Answer:
$13.50
Step-by-step explanation:
easypeasy sksksksk :P
- =^..^=
The total cost, including the deposit, would be $2,750. $500*5=$2,500 $2,500+$250=$2,750
(A) Given that:
Present value, P = $7000
Annual percentage rate, r = 5.2% = 0.052
Number of compounding periods, k = 2
(B) Plug the values into the formula
gives
Substitute 8 for n to find the amount of money after 8 years.
In 8 years, Dylan will have $10554.94 in account.
(C) Find the annual percentage yield using the formula
Plug the values into the formula.
The annual percentage yield for the savings account is 5.268%.