Answer:
No, it's not a solution.
Step-by-step explanation:
-2 + 4(3) = 4
-2 + 12 = 10
-2 + 3(3) = 1
-2 + 9 = 7
Answer: $5,678.85
Step-by-step explanation:
First find out how much the fund was worth after 5 years.
Compound interest formula:
= Investment * (1 + rate) ^ years
= 4,000 * ( 1 + 11%)⁵
= £6,740.23
Half was removed:
= 6,740.23/2
= £3,370.12
Then compound this for the remaining 5 years:
= 3,370.12 * (1 + 11%)⁵
= $5,678.85
The answer to this question is 98000
About 12 would be the correct answer i may be wrong but i worked it out and got that idk how but i did