Answer:
1020
Step-by-step explanation:
1000 times 1.02
here the answer will be 1020.
step-by-step explanation:
1000 times 1.02= 1020
Base on my calculations, the answer is not in the choices given. First, we have to acknowledge that the interest rate given is not the effective interest rate instead it is called the nominal interest rate therefore we have to convert it first to an effective interest rate. We use the following formula:
Effective Interest rate = [[1 + (r/m)]^m] - 1 where r is the nominal interest rate and m is the number of compounding times
For this case, m is equal to 2 since it is compounded semianually.
Effective Interest rate = [[1 + (.12/2)]^2] - 1 = .1236
We then use the calculated effective interest rate to the formula for the Compound Interest Rate Formula.
Future Value = Present Value (1 + Effective interest rate)^(no. of years)Future Value = 3000 (1 + .1236)^( 3) = 4255.56 dollars
The value of x is 84°.
Solution:
Measure of intercepted arc = 168°
Measure of angle x = ?
<u>Tangent-chord relationship:</u>
<em>If a tangent and a chord intersect at a point, then the measure of each angle formed is half of the measure of its intercepted arc.</em>
The value of x is 84°.
1st question
$23,760-(4000+6000)=$13,760
$13,760 x 4%=$ 550.40
2nd question
$43,300-(2000+2000)= $39,300
$39,300 x 5%= $1,965
11, because 11 times 1 is 11 and 11 times 4 is 44.
