9514 1404 393
Answer:
$13,916.24
Step-by-step explanation:
First, we need to find the value of the CD at maturity.
A = P(1 +rt) . . . . simple interest rate r for t years
A = $2500(1 +0.085·3) = $2500×1.255 = $3137.50
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Now, we can find the value of the account with compound interest.
A = P(1 +r)^t . . . . . rate r compounded annually for t years
A = $3137.50 × 1.18^9 = $13,916.24
The mutual fund was worth $13,916.24 after 9 years.
Answer:
2/5
Step-by-step explanation:
5+4+1 = 10. If you have 4 nickels out of 10 coins, it means there is a 4/10 chance of selecting one, but to simplify, 2 is the greatest common factor, so you would divide each number.
4/2 = 2.
10/2 = 5.
The answer is 2/5.
1-Like Terms
2-Unlike Terms
3-Like terms
4Like Terms
5-Unlike terms
6-Unlike Terms
Answer:
x=-36
Step-by-step explanation:
x/4+10=1
x/4= -9
x= -36
Hello!
I believe the correct answer is -4/15.
Hope this helps! ☺♥
