Given
Present investment, P = 22000
APR, r = 0.0525
compounding time = 10 years
Future amount, A
A. compounded annually
n=10*1=10
i=r=0.0525
A=P(1+i)^n
=22000(1+0.0525)^10
=36698.11
B. compounded quarterly
n=10*4=40
i=r/4=0.0525/4
A=P(1+i)^n
=22000*(1+0.0525/4)^40
=37063.29
Therefore, by compounding quarterly, she will get, at the end of 10 years investment, an additional amount of
37063.29-36698.11
=$365.18
9514 1404 393
Answer:
- 4/13 h ≈ 0.308 h
- 22 9/13 km ≈ 22.7 km
Step-by-step explanation:
Mary and Amaruk are starting 35 -15 = 20 km apart. Their closing speed is 40 +25 = 65 km/h. The time it will take to close the gap between them is ...
t = (20 km)/(65 km/h) = 20/65 h = 4/13 h ≈ 0.308 h
They will pass each other after 4/13 hours, about 18 minutes 28 seconds.
__
In that time, Mary will have increased her distance from Hall Beach by ...
d = (4/13 h)(25 km/h) = 100/13 km = 7 9/13 km
Her distance from Hall Beach when she passes Amaruk will be ...
15 km + 7 9/13 km = 22 9/13 km ≈ 22.7 km . . . . . distance from Hall Beach
Kyle leaves 1.80 because you have to do 0.15*12
Answer:
the answer is A and C
Step-by-step explanation: