Answer:
D = $8637.45
Step-by-step explanation:
Rate = 3.65% = 0.0365
Principal = 5000
Time (t) = 15 years
N = 12 (since its compounded monthly)
Compound interest (A) = P(1 + r/n)^nt
A = 5000(1 + 0.0365 / 12)^15*12
A = 5000(1 + 0.00304)¹⁸⁰
A = 5000(1.00304)¹⁸⁰
A = 5000 * 1.7269
A = 8634.86
The investment would worth $8634.86
Note: the final answer may vary slightly from the answer in the options due to ± from approximation
<h3>Given</h3>
... r + 7 = 9
<h3>Find</h3>
... r
<h3>Solution</h3>
Subtract 7 from both sides of the equation.
... r + 7 - 7 = 9 - 7
... r = 2 . . . . . . simplify
Expressed as a solution set, this may look like ...
... r ∈ {2}
_____
You probably had no trouble solving this in 2nd grade when it was shown to you in the form ...
__ + 7 = 9
Correct. Use the commutative property<span> to rearrange the expression so that compatible numbers are next to each other, and then </span>use the associative property<span> to group them. Incorrect. Check your addition and subtraction, and think about the order in which you are adding these numbers.</span>
