Answer:
Because there are 4 ways to pick red then 4 (C)
Given
Present investment, P = 3400
APR, r = 0.0115
compounding time = 13 years
Future amount, A
A. compounded annually
n=13*1=13
i=r=0.0114
A=P(1+i)^n
=3400*(1+0.0115)^13
=3944.895
B. compounded quarterly
n=13*4=52
i=r/4=0.0115/4
A=P(1+i)^n
=3400*(1+0.0115/4)^52
=3947.415
Therefore, by compounding quarterly, he will get, at the end of 13 years investment, an additional amount of
3947.415-3944.895
=$2.52 (to the nearest cent)
Answer:
100
Step-by-step explanation:
Perimeter of any figure is all its sides summed up
for a rectangle, with two equal pairs, that means, length + length + width + width or 2length + 2width, or 2(length + width)
but we know the length is 7/5 the width
width = w
perimeter = P
and the length is 7/5 of that
Use proportions , it helps