Mathew knows that he will need to buy a new car in 4 years. The car will cost $15,000 by then. How much should he invest now at
10%, compounded quarterly, so that he will have enough to buy a new car? a. $12,340.54 c. $10,104.37 b. $11,269.72 d. $9313.82
2 answers:
The answer is C- $10,104.37
Answer:
c
Step-by-step explanation:
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Tens place value, like twenty five
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24
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113.51
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Answer:
7(k−37)=26
k−37= 26/7
k= 26/7 +37
- Simplify 26/7 +37 to 285/7
k= 285/7
Decimal Form: 40.714286