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:
first setup your problem. it should look like this :
Answer:
D=8p
David (d) is equal to 8 times the number of photographs Gary (p) has.
Step-by-step explanation:
Answer/Explanation
D: They can sell new products. The reason for this is, that's what salespeople are for, to sell the products that the company make.
