Answer:
a)
b)
if $240 is invested at an interest rate of 9% per year and is compounded monthly, how much will the investment be worth in 14 ye
1 answer:
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Hey there, Lets solve this one by one
Firstly, a<span>dd </span>11<span> to both sides
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Now, </span><span>Simplify </span><span>5+11</span><span> to </span><span>16
</span>
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Finally, d</span><span>ivide both sides by variable </span><span>y
</span>
<span>
</span>
Firstly, a<span>dd </span>11<span> to both sides
</span>
<span>
Now, </span><span>Simplify </span><span>5+11</span><span> to </span><span>16
</span>
<span>
Finally, d</span><span>ivide both sides by variable </span><span>y
</span>
</span>