The amount that results when $4,000 is compounded at 6% annually over seven years.
1 answer:
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The answer is 5
Here are the steps:
First off, we will be using the distance formula of
So we have the ordered pairs of (3,1) and (6,5)
Once you plug them into the formula it should look like this:
Now we do the math inside the parenthesis and end up with:
Then you multiply by the power and simplify to get:
And the
=5
So your answer is 5
Here are the steps:
First off, we will be using the distance formula of
So we have the ordered pairs of (3,1) and (6,5)
Once you plug them into the formula it should look like this:
Now we do the math inside the parenthesis and end up with:
Then you multiply by the power and simplify to get:
And the
So your answer is 5