Answer:
(p • 10) - (p • 2)
Step-by-step explanation:
To be doubly sure of your answer, do the actual mult.:
p(10-2) = 10p - 2p. This is equivalent to (p • 10) - (p • 2) (Answer D).
$299 and $199 adds up to 498, including the tax rate 7.5% and your total is $535.35
Answer:
It will take 10.63 years.
Step-by-step explanation:
Giving the following information:
Present value (PV)= $4,000
Future Value (FV)= $10,000
Interest rate (i)= 9% annual compounded
<u>To calculate the time required to reach $10,000, we need to use the following formula:</u>
n= ln(FV/PV) / ln(1+i)
n= number of years
n= ln(10,000 / 4,000) / ln(1.09)
n= 10.63
It will take 10.63 years.
