Answer:
68
Step-by-step explanation:
the brackets make the 3 positive
Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Answer: 12 packages
Step-by-step explanation:
<em>Take 175 and divide it by 15</em>
<em>175/15</em>
<em>You will get 11.6</em>
<em>Since you are unable to order 11.6 packages you will need to order </em><em>12</em><em> packages to have enough lightbulbs.</em>
