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
Answer:
y = x + -2.3
x = -y - 2.3 (but why would one need this?...)
Step-by-step explanation:
(6.1 - (-9.7))/(8.4 - (-7.4)) = 15.8/15.8 = 1
6.1 = 8.4 + b
b = -2.3
6^3 = 216. When using chance, take the number of outcomes(six for a die) and raise it to the power of the number of repetitions
Answer: 60 rows
Step-by-step explanation:
6000/100=60 rows