total = 2372* (1+0.045)^20=
2372*1.045^20=
2372 * 2.411714025= 5720.585
she will have 5720.59 in 20 years
Answer:
8.0%
Step-by-step explanation:
We have been given that James Harmon pays $850.80 per year for his life insurance. If Mr. Harmon were to pay the premiums monthly, the payments would be $76.57.
First of all, we will find the amount paid for the year using the monthly rate by multiplying $76.57 by 12 (1 year = 12 months).
Now, we will use percent change formula.
Therefore, Mr. Harmon is paying 8.0% more for the year using the monthly rate.
Answer:
x = 17.5
Step-by-step explanation:
Answer:
Step-by-step explanation:
Answer:
34.996 to 2 dcp is 35.00
Step-by-step explanation:
6 rounds up 9 goes to 10 add the 1 left over to make the units number equal 5 but as it is decimal place remember to add the 0's