The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
Answer:
it is 10 d a d a p a p a
Step-by-step explanation:
Answer:
um
Step-by-step explanation:
whats the question?
<span> A, B, and C and also F because a negative number can't be under radical </span>
Answer: 1875km 840m
Step-by-step explanation:
From the question, we are informed that Gupty travelled 75km 800m by car and travelled 1800km 40m by aeroplane.
The distance that she travel altogether will then be:
= 75km 800m + 1800km 40m
= 1875km 840m