Compounded quarterly means that one quarter of the interest is added to the account each quarter
one quarter of 6% is 1.5%
x = 7201 (1 + .06/4)^2 ___ .06/4 is the interest per compounding , and 2 is the number of compoundings
Answer:
Step-by-step explanation:
To add two fractions we need a common denominator. Just by looking at the two, there are no common factors. This means the denominator would be the product of the two: 4x(x-8). In order to obtain this, we multiply the first fraction by (x-8)/(x-8) - 1, and the second by 4x/4x - 1:
We can use the distributive property to simplify:
The sum of the two is:
Thirty thousand two thousand five hundred and eight
Put parentheses around the '6 + 12 ÷ 6' and another parentheses around the '6 + 12':-
8 x 5 - ((6 + 12) ÷ 6)
= 40 - (18 ÷ 6)
= 40 - 3
= 37
Answer:
20,
27,
3,5,9,17,33
Step-by-step explanation: