Answer: A = $1503.6
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1 + r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
P = 1000
r = 6% = 6/100 = 0.06
n = 1 because it was compounded once in a year.
t = 7 years
Therefore,.
A = 1000(1 + 0.06/1)^1 × 7
A = 1000(1.06)^7
A = $1503.6
Answer:
The product of the tens in these two numbers is 4
Step-by-step explanation:
TO find this, first we need to find the number in the tens place for each of them. The tens place is the second from the decimal point.
14
42
Now we take these two and multiply them together to get the product.
1 * 4 = 4
Answer:
10 is the base number, and 5 is the exponent
Step-by-step explanation:
