You're wrapping up a gift that is 10 inches by 5 inches by 4 inches in dimension. You are paying $0.02/square inch. How much wil
1 answer:
You might be interested in
Step-by-step explanation:
Let's look at what we know. We know that...
P=2000
r=0.04 (Change 4% to a decimal)
t=7 (25 years minus 18 years equals 7)
n=1
Since we are compounding each year, we need to use this equation:
Now just plug the numbers in: (Answer to #1:)
This equals 2631.86
When we round, this equals to $2,632. (Answer to #2).
Answer:
This is the sample answer for edmentum.
