2 feet
Step-by-step explanation:
4+4= 8
12-8=4
4 divided by 2= 2 feet :)
Answer:
<h2>
6.</h2>
Step-by-step explanation:
Answer and work are in picture below.
Given:
Initial investment 450
annual simple interest rate of 5%
Simple interest = Principal * interest rate * term
Simple interest = 450 x 0.05 x 14
Simple Interest = 315
Balance after 14 years: 450 + 315 = $765
We can use compounding interest, compounded once a year.
Total balance = Principal * (1 + interest rate / number of compounding)^(# compounding * term)
Total balance = 450 * (1.05)¹⁴
Total balance = 450 * 1.98
Total balance = 891
Based on these scenarios, the formula that will be used is the second formula, compounding interest formula. The balance at the beginning of year 15 is $891.
I used 14 as the number of years because the problem states at the beginning of year 15. This means 15 has not yet begun and interest is not yet earned.
Answer:
24
Step-by-step explanation:
14 + 10 = 24.
The Question has given hints.
