Answer:
<h2>$267,536,000</h2>
Step-by-step explanation:
Step one:
given data
total ounces=500,000
cost per ounce= $460
total amount of the ounce= 500,000*460= $230000000
Time t=3years
rate= 5.17%= 0.0517
Step two:
The inflation we have a compounding effect on the amount
$230000000
A=P(1+r)^t
A=230000000(1+0.0517)^3
A=230000000(1.0517)^3
A=230000000*1.1632
A=$267,536,000
<u>They will receive a total of $267,536,000</u>
Answer:
11
Step-by-step explanation:
i don't know
Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Monthly deposit= $100
Interest rate= 0.06/12= 0.005
Number of periods= 12*5= 60 months
<u>a)</u>
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.005^60) - 1]} / 0.005
FV= $6,977
b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= 6,977 + {[100*(1.005^60)] - 100}
FV= 6,977 + 35
FV= $7,012
Answer:
Perimeter of rectangle added 2 to length:
perimeter of rectangle= length + width + length + width
P = ( l + 2 ) + w + ( l + 2 ) + w
P = 2 ( l + 2 ) + 2 w
P = 4 + 2 l + 2 w
Perimeter of rectangle added 2 to width:
P = l + w + l + w
p = l + ( w + 2) + l + ( w + 2)
p = 2 l + 2 ( w + 2)
p = 2 l + 2 w + 4
Answer:
48.06
Step-by-step explanation:
b^2+c^2=A^2
45+16=42.06
add the extra 6
