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1 answer:
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Answer: The last option, <u>28</u> minutes
Step-by-step explanation:
See attached for my work. <em>If you are color blind let me know, I color-coded where I "pulled" numbers from.</em>
To answer this problem, we can look at the graph. We need to see for how long the black line is above the blue.
Answer:
<h2>$3448.81</h2>Step-by-step explanation:
Using the compound interest formula to calculate the amount compounded after 10years.
P = principal = $2000
r = rate (in %) = 5.6%
t = time (in years) = 10years
n = 1year = time used in compounding
Amount compounded after 10 years is $3448.81