Increase by 16 increase by 5 Decrease by 16
Using compound interest, it is found that they must deposit $9,143.47 in order to have the desired amount.
<h3>What is compound interest?</h3>
The amount of money earned, in compound interest, after t years, is given by:
In which:
- A(t) is the amount of money after t years.
- P is the principal(the initial sum of money).
- r is the interest rate(as a decimal value).
- n is the number of times that interest is compounded per year.
For this problem, the parameters are:
A(15) = 30000, r = 0.08, n = 4
Then we solve for P to find the initial deposit:
P = $9,143.47.
More can be learned about compound interest at brainly.com/question/25781328
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Answer: D
Step-by-step explanation:
I have done it before and got it right
98 is a composite number. 98 = 1 x 98, 2<span> x </span>49<span>, or </span>7<span> x </span>14<span>. Factors of 98: 1, </span>2<span>, </span>7<span>, </span>14<span>, </span>49<span>, 98. Prime factorization: 98 = </span>2<span> x </span>7<span> x </span>7<span>, which can also be written 98 = </span>2<span> x 7².</span>
Answer:
22.14
Step-by-step explanation:
Using the Pythagorean Theorem:
a^2 + b^2 = c^2
21^2 + 7^2 = c^2
441 + 49 = c^2
490 = c^2 (square root both sides so c^2 becomes c)
c = 22.13594363 (round to hundredths)
c = 22.14