Answer: About $118.66
Step-by-step explanation:
53.4/0.45 is 118.66
Answer:
74.9
Step-by-step explanation:
Answer:
-3/2
Step-by-step explanation:
See attached image
Answer:
The Final Investment Value is
The interest earned is 
Step-by-step explanation:
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Find the interest earned

