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notsponge [240]
3 years ago
6

how much would $100 invested at 8% interest compounded annually be worth after 15 years? Round your answer to the nearest cent.

Do not include units in your answer.
Mathematics
2 answers:
Maslowich3 years ago
6 0

Answer: $332.01

Step-by-step explanation: APEX

svet-max [94.6K]3 years ago
5 0
To calculate problems abound about compounding interest use the equation <span>A = P (1 + r/n)^<span>(nt), where A is the future price, P is the principal amount, r is the interest rate, n is the number of times the interest is compounded per year and t for the total years. To solve, A = 100 (1 + 0.08/1)^(1 x 15) = 317.22.</span></span>
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stiv31 [10]

Answer:

m = - 1

Step-by-step explanation:

Given

\frac{15m+3}{2} = - 6

Multiply both sides by 2 to clear the fraction

15m + 3 = - 12 ( subtract 3 from both sides )

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6 0
3 years ago
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If the first step in the solution of the equation 2x - 8 = 5x + 3 is "subtract 2x," then in the form of a paragraph, explain in
monitta

x = \frac{-11}{3}

<u>Step-by-step explanation:</u>

Here we have , If the first step in the solution of the equation 2x - 8 = 5x + 3 is "subtract 2x," then in the form of a paragraph, explain in complete sentences the next steps necessary to completely solve the equation for x. Let's solve this :

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3 years ago
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IgorC [24]
8c + 6-3c -2

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Brainliest please!
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3 years ago
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belka [17]

Answer:

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Step-by-step explanation:

Additive Identity Property: The sum of any number and zero is the original number. For example 5 + 0 = 5

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Answer:

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Step-by-step explanation:

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