Answer: 82
Step-by-step explanation:
Answer:
<em>A = $5183.36</em>
Step-by-step explanation:
<u>Compound Interest</u>
It occurs when the interest is reinvested rather than paying it out. Interest in the next period is then earned on the principal sum plus previously accumulated interest.
The formula is:

Where:
A = final amount
P = initial principal balance
r = interest rate
n = number of times interest applied per time period
t = number of time periods elapsed
Abdul deposited P=$4000 into an account with r=2.6% = 0.026 compounded quarterly. Since there are 4 quarters in a year, n=4. We are required to calculate the amount in the account after t=10 years.
Applying the formula:


A = $5183.36
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Rounding 2.199. The tenths digit is 1, which is 4 or less, so you will round down. Re-write 2.199 without the decimal places: 2 . So 2.199 rounds to 2.
Answer: -1/343
Step-by-step explanation:
-7(-7)^-4
First, re-write as positive exponents:
-7(-1/7^4)
Next, simplify:
-1/7^3 (you can simplify using exponent rules)
Simplify 7^3 :
7(7)(7)
49(7)
343.
Insert to original expression:
-1/343.