Ben has 18 photos to put in a photo album. He can put 4 in each page if he fills 4 pages, how many photos are on the fifth page?
1 answer:
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The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Step-by-step explanation:
The given is,
Future value, F = $15,000
Interest, i = 5.9%
( compounded continuously )
Period, t = 12 years
Step:1
Formula to calculate the present with compounded continuously,
...............(1)
Substitute the values in equation (1) to find the P value,
( ∵
)
( ∵
)
We change the P (Present value) into the left side,
≅ 7389.43
P = $ 7389.43
Result:
The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
<span>Simplify this equation 7x+3x-10:
</span><span>7x + 3x - 10 = 10x - 10
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</span><span>7x + 3x - 10 = 10x - 10
<u>Hope his answer helps you!!!</u>
</span>
<em>Ps: Please mark Brainliest so I can Rank up higher! I'm almost there!!</em>