Answer:
Unknown
Step-by-step explanation:
There is no context. Can't help you if we don't know anything about Peter.
Use the compound interest formula:
A = P(1+r/n)^(nt). Here, P = $25000, r = 0.02, t = 3 and n = 2.
Then:
A = $25000(1 + 0.02/2)^(3*2)
= $25000(1.01)^6
= $26538.00 (future value at the end of 3 years)
First you use the compound interest formula which is: A = P(1+r/n)^(nt).
Plug in the number in this case being P = $25000, r = 0.02, t = 3 and n = 2.
A = $25000(1 + 0.02/2)^(3*2)
= $25000(1.01)^6
= $26538.00 (future value at the end of 3 years)
B.3.75%
C.3.9%
D.6%
Answer:
3.9
Step-by-step explanation:
16 - 15.4 = 0.6 ={0.6}{15.4} *100=0.039 * 100 =3.9%
the
Inverse
y = x+10/7
Answer:
x -
Step-by-step explanation:
y = x + 10/7
x = y + 10/7
x = y + 10/7
x - 10/7 = y
y = x - 10/7
x -