Current price : 600
Price 10 years from today :
P (10)=600×(1.037)^(10)=862.86
Answer:
b+9=20-12
Step-by-step explanation:
Hopefully this helped, if not HMU and I will try my best to get you a better answer!
Answer:
Step-by-step explanation:
That exterior angle of 111 is equal to the sum of the triangle's remote interior angles. We add the 37 + 35 to get a total angle measure of 72. That means that the base angle on the right is 111 - 72 = 39. That 39 degree angle is vertical to x; that means that x = 39 as well.
It will take 54 days for Teri's account to earn an amount of $5000.
<h3>What is compound interest?</h3>
Compound interest, also known as interest on principal and interest, is the practice of adding interest to the principal amount of a loan or deposit.
It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it, so that interest is generated the next period on the principal amount plus any accumulated interest. In finance and economics, compound interest is common.
It is given by formula
A = 
where:
A is final amount
p is principal amount
r is rate of interest and
t, is time period
Given: A= $5000, p=$1500, r=2.25% = 0.0225
To find: time period to get compounded amount
5000=1500×
= 
0.0225t = ㏑ (
)
t = 53.5099 ≈ 54 days
Learn more about compound interest here:
brainly.com/question/3989769
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