Answer: -$6,500
Step-by-step explanation:
Here we could , use the arithmetic progression where
T(2020 - 2010) = a + ( n - 1 )d
T10 = a + ( 10 - 1 )d --------------- 1
a = $25,000, n = 10 and d = 14% of $25,000 = $3,500 the common difference.
Note since it decreases the common difference d = -$3,500.
Now substitute for the values in the equation above.
T10 = 25,000 + 9 x -3,500
= $25,000 - $31,500
= -$6,500 (deficit )
Answer:
it is commutative property of add
Step-by-step explanation:
commutative propert:
a+b=b+a
same as
5x-8=-8+5x
Leo's balance after 9 months will be: $1757.49
Step-by-step explanation:
It is given that the balances follow a geometric sequence
First of all, we have to find the common ratio
Here

Common ratio is:

So r = 1.02
The general form for geometric sequence is:

Putting the first term and r

To find the 9th month's balance
Putting n=9

Rounding off to nearest hundredth
$1757.49
Hence,
Leo's balance after 9 months will be: $1757.49
Keywords: Geometric sequence, balance
Learn more about geometric sequence at:
#LearnwithBrainly
I believe that the answer is D.
The Federal Reserve sets an minimum rate to for lending to other banks.