4. determine the amount of a $3000 investment at 9%/a compounded monthly for 6 years. [4 marks]

A = $ 5137.65 .

Step-by-step explanation:

Amount = $3000

interest rate = 9 %

                    = 9/12 = 0.75%  

compounded monthly for

time = 6 years.

       = 6 × 12 = 72 months.

A = $ 5137.65

hence, the amount after compounding $3000 at the rate of 9% after 6 years is  A = $ 5137.65 .

all group life insurance is term insurance. actually it is annual renewable term and it is rated on the average age and claims experience of the entire group, which is called "experience rating." remember, this type of insurance has a 31-day grace period and is convertible to whole life upon leaving employment. a contributory group plan requires that both the employer and the employees pay part of the premium. at least 75% of those eligible must participate, so the group is sure to get most of the healthy employees as well as those that are sick.

step-by-step explanation:

step-by-step explanation:

use context clues to figure out the meaning of the bolded word:  

the sage gardener knew when she had to water her plants.  

question 8 options:

mint plant

wise

happy

lazy