Answer:
Use the formula for calculating compound interest PN=P0(1+rk)Nk where P0 is the unknown, PN=10,000, N=10, k=1, and r=0.015. Substitute the values into the formula and simplify.
10000=P(1+0.0151)1⋅10
10000=P(1.015)10
10000=P(1.16054...)
8616.67=P
Therefore, rounded to the nearest dollar, the initial investment needs to be $8617 to have $10,000 in 10 years.
Step-by-step explanation:
Answer:
the value of x is 31 degrees
Sn=So(1+p/100*2)
2000*(1+3/100*2)=2000(1+3/50)=2000*53/50=40*53=2120$
My answer:2120$
Answer:
-9/4
Step-by-step explanation:
putting these to y/x form it is 9/-10 and -9/-6 which has a difference of -9/4 (hopefully this is correct-)
