Answer:
You have to use the formula for compound interest which is: A=P(1+r/n)^nt
The Givens info is:
A=?
P=1000
r= 6% = 0.06 (convert into decimal)
n=12(# of interest periods: since it is monthly n=12)
t=10
Now your formula should look like this:
A= 1000*(1+(0.06/12))^12*10
A=1000*(1.005)^120
A=1000*(1.819396734)
A=$1819.40
Step-by-step explanation:
Answer:
i think its 1.2 not too sure though
Step-by-step explanation:
Answer:
here
Step-by-step explanation:
Answer:
5 units
Step-by-step explanation:
Please see attached pictures for the full solution.
(This distance is the perpendicular distance between the 2 parallel lines, which is the shortest distance between them.)
