P = A(1+i)ⁿ, where:
A= initial value
I = interest in %
n= period of compound investment.
However, if the interest is paid twice a year, that means you have to divide the interest by 2 and the period becomes twice n
P = 875(1+9.5%/2)⁵ˣ²
P = 875(1+4.75%)¹⁰
P =875( 1.0475)¹⁰
P = $1,391.7
You can estimate that 5x4257 is 20,000
to check 5x4257=21,375 which is close to 20,000
Answer:
<u>The area of a circle is pi times the radius squared.</u>
- <u />
<u>-----------------------</u>
<u>hope it helps...</u>
<u>have a great day!!</u>
To calculate this, we need to divide 7 minutes by 4 miles to see how long it takes her to hike 1 mile.
7/4 = 1.75 minutes/ mile
= 1 minute and 75 seconds = 2 minutes and 15 seconds.
Glad I could help and have a fantastic day!
Also, can you please mark my answer as the brainliest answer?
Thanks.
