Answer:
$2355.06
Step-by-step explanation:
Use the compound interest formula, filling in the numbers you know. Then solve for the number you don't know.
A = P(1 +r/n)^(nt)
where A is the account balance, P is the amount invested, r is the annual rate, n is the number of times per year interest is compounded, and t is the number of years.
Filling in the given values, we have ...
4000 = P(1 +.053/52)^(52·10) = P(1.6984738)
P = 4000/1.6984738 ≈ 2355.06
You would need to deposit $2355.06 in order to have $4000 in 10 years.
Answer:
The SI unit for length is the meter (abbreviated m); its definition has also changed over time to become more accurate and precise. The meter was first defined in 1791 as 1/10,000,000 of the distance from the equator to the North Pole.
Answer: 16
Step-by-step explanation:
8+6+2
Answer:
2⋅18−18 is less than 2⋅[28−3⋅(2+4)]
Step-by-step explanation:
Answer:
-6
Step-by-step explanation:
Take a couple of differences and see:
11 -17 = -6
5 -11 = -6
The common difference is -6.
