Answer:
$9,000.00 is her original investment worth in 10 yrs.
5000 x 1.08 ^10 = 10794.6249864
Then subtract -500000 = 5794.62498636
Step-by-step explanation:
Why, because the first year is proved 5000 x 0.08 = 400
= 400 year 1 but cna keep only if stays in investment for 10 years
400 x 10 = 4000 interest on investment
5000+ 4000 = $9,000.00 SI
+ 1,794.62 Interest on interest if applies (this is called CI) and makes $10794.62
Answer:
3.4-1.85 = 1.55 3.4+1.55=4.95
Step-by-step explanation:
Answer: $3.92
STEOS TO SOLUTION: take $19.62 and divide by 5
The formula for slope is (y2 -- y1) / (x2 -- x1).
(0,3) (4,5)
5 - 4 = 1
3 - 0 = 3
So the slope is 1/3.
Hope this Helps!!
Answer: There will be $ 1687.02 in the account after 7 years.
Step-by-step explanation:
Formula to find the accumulated amount (A) in account on principal amount (P) with rate of interest (r) in 't' years is given by :-

As per given, P = $1400
r= 2.7% = 0.027
t= 7 years
Then,

Hence, there will be $ 1687.02 in the account after 7 years.