<h3>Answer: 7366.96 dollars</h3>
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Use the compound interest formula:
A = P(1+r/n)^(n*t)
where in this case,
A = 12000 = amount after t years
P = unknown = deposited amount we want to solve for
r = 0.05 = the decimal form of 5% interest
n = 1 = refers to the compounding frequency (annual)
t = 10 = number of years
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Plug all these values into the equation, then solve for P
A = P(1+r/n)^(n*t)
12000 = P(1+0.05/1)^(1*10)
12000 = P(1.05)^(10)
12000 = P(1.62889462677744)
12000 = 1.62889462677744P
1.62889462677744P = 12000
P = 12000/1.62889462677744
P = 7366.95904248911
P = 7366.96
Answer:
TRUE
Step-by-step explanation:
<u>what is a linear equation?</u>
It is said that a linear equation the equation which can be put in a form where there are variables, and there are coefficients, that are mainly and commonly 'actual numbers'
HOPE THIS HELPS!!
Answer:
c(2) = -10
Step-by-step explanation:
The first equation says that the first term of the sequence is -20.
The second equation is saying that to find any term of the sequence, add 10 to the previous term.
c(2) = c(2-1) + 10
c(2) = c(1) + 10
c(2) = -20 + 10 = -10
Answer:
If your doing 4 thousand and some hundreds then the answer is 19 hundred, But if your doing just hundreds the answer is 59 hundreds.
Step-by-step explanation
5900/100 = 59
2.64 divided by 6 equals 0.44. one ounce costs 44 cents
