Answer:
$ 8,695.35
Step-by-step explanation:
This is a compound interest question
Amount after t years = A = P(1 + r/n)^nt
Where P = Initial Amount saved
r = interest rate
t = time in years
n = compounding frequency
A = 10,000
r = 3.5 %
t = 21 - 17 = 4 years
n = Compounded monthly = 12
Step 1
Converting R percent to r a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
P = A / (1 + r/n)^nt
Solving our equation:
P = 10000 / ( 1 + (0.035/12)^12 ×4 =
P = $8,695.35
The principal investment required to get a total amount, principal plus interest, of $10,000.00 from interest compounded monthly at a rate of 3.5% per year for 4 years is $8,695.35.
Answer:
x = -2
Step-by-step explanation:
3(-2 - 3x) = -9x - 4 (Given)
3(-2) + 3(-3x) = -9x - 4 (Distributive Property of Equality)
-6 + 9x = -9x - 4 (Simplify)
-6 + 4 -9x= -9x - 4 + 4 (Addition Property of Equality)
-2 + 9x = -9x (Simplify)
-2 + 
(Division Property of Equality)
-2 = x (Simplify)
x = -2 (Symmetric Property of Equality)
He can make 18 and then he wouldn't have enough to make that 19th. You just take 28 and multiply it by 2, then divide it by 3. Or just multiply 28 by 2/3
Your answer would be 2fg. This is the exact value.
