so, that gives you the compounded amount, after 10 years, if you want to know how much interest was earned? well, just subtract the Principal from the Amount, or A - P <--- that's how much interest was earned
▪ Answer:
n = 17
d = 8
▪ Step-by-step explanation:
Hi there !
1 nickel = 5c
1 dime = 10c
$1.65 = 165c
n + d = 25 => n = 25 - d
5n + 10d = 165
replace n
5(25 - d) + 10d = 165
125 - 5d + 10d = 165
5d = 165 - 125
5d = 40
d = 8 (dimes)
n = 25 - d
n = 25 - 8
n = 17 (nickels)
Good luck !
Answer:
$507.30
Step-by-step explanation:
-Given the monthly deposits are $425 and the interest rate is 3.5% for 30 years.
-The amount of the investment after 30 years is calculated as;
-Assuming Saul started saving at age 20, his investment term will be 40 yrs.
-His investment amount is thus:
#We subtract to find how much more he would have if he started saving at 20;
Hence, Saul would have $507.30 more had he started saving 10 years earlier.
Answer:
same
Step-by-step explanation:
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