Answer:
12.5 feet
Step-by-step explanation:
You will have added $138 to your account with a grand total of $183 at the end of the 6th year, minus interest.
Answer:
Use the formula for calculating compound interest PN=P0(1+rk)Nk where P0 is the unknown, PN=10,000, N=10, k=1, and r=0.015. Substitute the values into the formula and simplify.
10000=P(1+0.0151)1⋅10
10000=P(1.015)10
10000=P(1.16054...)
8616.67=P
Therefore, rounded to the nearest dollar, the initial investment needs to be $8617 to have $10,000 in 10 years.
Step-by-step explanation:
Answer:
7-m
Step-by-step explanation:
The difference of m and 2
m-2
5 minus the difference of m-2
5-(m-2)
5-m+2
Collect like terms
7-m