The amount that was invested 17 years ago is $2064.25.
The interest earned is $7935.75.
<h3>What is the amount invested 17 years ago?</h3>
The formula that would used to determine the amount that was invested 17 years ago is:
P = FV / (1 + r)^nm
Where:
- FV = Future value = 10,000
- P = Present value
- R = interest rate = 9.5 / 2 = 4.75%
- m = number of compounding = 2
- N = number of years = 17
10,000 / (1.0475)^(17 x 2) = $2064.25
Interest earned = 10,000 - 2064.25 = $7935.75
To learn more about future value, please check: brainly.com/question/18760477
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Answer:
43
Step-by-step explanation:
268-225=43
where is your triangle mate??
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Answer:
56/5 / 4/5
56/5 x 5/4
280/20
14
the first option, 14, because the number of catalogs is 56/5 % 4/5, is correct.
Step-by-step explanation:
