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Pie
2 years ago
7

You have $5,000 to invest for ten years. Crown of The Sun bank pays compound interest at an annual rate of 4.5%. Calculate your

balance after 10 years. Round to the nearest hundreth
Mathematics
2 answers:
Simora [160]2 years ago
5 0

Answer:

$7764.85

Step-by-step explanation:

Assume the compounding is annual.

F = P(1 + r/n)^(nt)

F = 5000(1 + 0.045/1)^10

F = 7764.85

Answer: $7764.85

Dmitry_Shevchenko [17]2 years ago
3 0

Answer: $7,764.85

Step-by-step explanation:

Use the formula for Compound Interest: CI = P(1 + r/n)^nt

CI = 5000(1 + 0.045/1)^10

CI = 5000(1.045)^10

CI ≅ $7,764.85

After 10 years, the balance should be $7,764.85

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The parabola with with a vertex at (-4,-2) represents any member of parabolas with the equation y(x)=a(x+4)^2-2 where a is any real number with the exception that  a\neq 0.

The reason any equation  of the form y(x)=a(x+4)^2-2 works is that there are an infinite number of parabolas with a vertex at (-4,-2). All of these parabolas are formed by applying some transformation that involves a vertical translation of -2 and a horizontal translation of -4 on the parabola y=x^2. The different variations are archived by varying the constant a.  When a is negative, the parabolas will face downwards. When a is negative, the parabolas will be face downwards.

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3 years ago
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lesya [120]

Answer:

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Step-by-step explanation:

Dado

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Necesario

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Step-by-step explanation:

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