Answer:
Use the formula for calculating compound interest PN=P0(1+rk)Nk where P0 is the unknown, PN=10,000, N=10, k=1, and r=0.015. Substitute the values into the formula and simplify.
10000=P(1+0.0151)1⋅10
10000=P(1.015)10
10000=P(1.16054...)
8616.67=P
Therefore, rounded to the nearest dollar, the initial investment needs to be $8617 to have $10,000 in 10 years.
Step-by-step explanation:
Answer: 18
Step-by-step explanation:
Answer:
17 is the answer
Step-by-step explanation:
-7 + 6 = -1
-1 + 6 = 5
5 + 6 = 11
11 + 6 = 17
Answer:
(2c+14) ft
Step-by-step explanation:
The answer is (2c+14) ft because as 2 sides measure 3 feet, we have 6 feet for two sides. The other two sides measure (c+4) feet, and there is (2c+8) feet for two sides. If you add the results together, you get (2c+14) feet. Hope it helps!
Answer:
20.94021
Step-by-step explanation:
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