Answer:
Your friend is correct.
Step-by-step explanation:
He is right because 70 is ten times greater then 7 and the question is if the 7 in the hundredths which equals 70, is 10 times greater than the 7 in the thousandths, which is equal to 7. (7 X 10 equals 70.) Hope this helps! :)
Answer:
x = 4
Step-by-step explanation:
8x = 32
/8
x = 4
The Answer Is 4.35. Hope This Helps.
Answer:
p = 3
Step-by-step explanation:
distribute parenthesis on both sides of the equation
10p - 3p + 4 = 4p + 4 + 9 ( simplify both sides )
7p + 4 = 4p + 13 ( subtract 4p from both sides )
3p + 4 = 13 ( subtract 4 from both sides )
3p = 9 ( divide both sides by 3 )
p = 3
The amount you should deposit is $4709.18
Step-by-step explanation:
The formula for compound interest, including principal sum is
, where:
- A is the future value of the investment/loan, including interest
- P is the principal investment amount
- r is the annual interest rate in decimal
- n is the number of times that interest is compounded per unit t
- t is the time the money is invested or borrowed for
∵ You want to have $5000 in your savings account in 2 years
∴ A = 5000
∴ t = 2
∵ The account pays 3% annual interest, compounded monthly
∴ r = 3% = 3 ÷ 100 = 0.03
∴ n = 12 ⇒ compounded monthly
- Substitute these values in the formula above
∴ 
∴ 
∴ 
- Divide both sides by 
∴ P = 4709.18
The amount you should deposit is $4709.18
Learn more:
You can learn more about the compounded interest in brainly.com/question/2514241
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