In order to calculate the minimum amount required, we will first round
the below-minimum-balance fee to $10. Next, we will use the equation:
A = I * (IR)^n, where A is the amount after n years and I is the initial investment and IR is the interest rate per year.
10 = I*(0.0001)^1
I = $100,000
$100,000 must be in the account to cover the minimum fees.
Answer:
7.9%
Step-by-step explanation:
568.01/7190=0.079=7.9%
The answer is 2 because two plus two equals 4 and 4-2=2 so the answer is 2. Hope this could help a lot and this was a useful answer
Answer:
7.86 is the answer
Step-by-step explanation:
30% of 24.50 is 7.35.
7.35+ 7% is 7.86
7.86 to the nearest cent is 7.86
I think it is 8.83? I am not positive but it is worth a try
