Answer:
10.4%
Step-by-step explanation:
Sung Lee invests $3,000 at age 18.
He hopes the investment will be worth $6,000 when he turns 25, that is, after 7 years.
The interest compounds (Compound Interest). The formula for the final amount in a compound interest is:
where P = Principal (Amount invested) = $3000
A = final amount = $6000
R = rate
T = number of years = 7 years
This implies that:
Find the 7th root of 2:
=> R = 10.4%
Hence, the rate would need to be 10.4% for him to achieve his goal.
Answer:
The interior angles will remain the same.
(if i helped can i please have brainliest?)
Answer:
Gold
Step-by-step explanation:
Add up the cost of the car plus any options to find the most expensive car. In this case, even with no options to add, the gold car is still the most expensive.
Answer:
1179
Step-by-step explanation:
I am here again! The numbers you are looking for are 3 and 7.