Answer:
$4000
Step-by-step explanation:
so $2800 was the starting price
100%-30%=70%
So 2800=70%
2800/7=400
400=10%
400*10=$4000
Answer:
a. 5q+5q+5
Step-by-step explanation:
5q+5q=10q
10q+5 is equivalent to 10q+5
Yes they will be parallel. Now you try to solve it.
Hi
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You will have $5,525.39 after 5 years.
Because the interest is compounded monthly, you need to convert the interest rate and the term of investment to a monthly basis.
Monthly interest = 2% / 12 = 2/12%
Term of investment = 5 x 12 = 60 months
To find the amount you will have in 5 years, use the formula:
<em>Future value = Amount * ( 1 + interest) ^ term of investment </em>
= 5,000 x ( 1 + 2/12%)⁶⁰
= $5,525.39
In conclusion, your investment will have compounded to $5,525.39 in 5 years.
<em>Find out more at brainly.com/question/3473483.</em>
