Answer:
Use the formula for calculating compound interest PN=P0(1+rk)Nk where P0 is the unknown, PN=10,000, N=10, k=1, and r=0.015. Substitute the values into the formula and simplify.
10000=P(1+0.0151)1⋅10
10000=P(1.015)10
10000=P(1.16054...)
8616.67=P
Therefore, rounded to the nearest dollar, the initial investment needs to be $8617 to have $10,000 in 10 years.
Step-by-step explanation:
The answer is B. I hope this helped :)
She has to make 400 in order to raise $200 because if she was selling them for $1 she would need 200 so just double that since she's only selling them for $0.50
249 Zeros in the expansion of 1,000
The expression can be written as:
(2x + 5) - 3
or:
5 + (2x - 3)
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and simplified to: "2x + 2" .
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