For this case we have the following equation:
P (t) = P (1 + r / n) ^ (n * t)
Where,
P: initial investment
r: interest
n: periods
t: time
she will take on her 45th birthday:
for t = 25:
P (25) = 1000 * (1 + 0.0165 / 4) ^ (4 * 25)
P (25) = 1509.31 $
Answer:
The future value of this investment when she takes her trip is:
P (25) = 1509.31 $
Answer:
w=14
Step-by-step explanation:
29-15=14
30% is equal to 0.3 (found by dividing the percentage by 100). Then we multiply the cost of dinner, $85, by 0.3 to find an answer of $25.50.
Answer: $25.50
Answer:
$2 because the x axis is bags of candy 1 and the y axis is the cost 2 therefore 1 bag of candy cost $2 and 2 bags of candy cost $4
Answer:
Step-by-step explanation:
b and c are the speeds of the boat in stool water, and current, respectively.
Going with the current, the boat travels b+c=16 km/h.
Going against the current, the boat travels b-c=6 km/h
add the equations together
b+c = 16
b-c = 6
—————
2b = 22
b = 11
c = 16-b = 5