Answer:
$8,240
Step-by-step explanation:
We are given that,
Principle amount in the savings account, P = $5,000.
Rate of interest, r = 5% = 0.05
Time period, t = 10
Also, the interest is compounded monthly, n = 12
As, we now that the value of the investment is given by 
Thus, we have,
Investment Value = 
i.e. Investment Value = 
i.e. Investment Value = 
i.e. Investment Value = 
i.e. Investment Value = $8,240
Hence, the investment amount after 10 years is $8,240.
Answer:
0
Step-by-step explanation:
any number multiplied by 0, is 0. it can be a really large number or a very tiny one, but if it is still multiplied to 0, the answer is 0.
Answer:
-3.66
Step-by-step explanation:
6x-3=-25
6x=-22
X=-3.66
Answer:
44 2/4
Step-by-step explanation:
178/4= 44.5
44 2/4 =
44 x 4 = 176
176 + 2 = 178
hope this helps and if it is wrong i am sorry