Answer:
Use the formula for calculating compound interest PN=P0(1+rk)Nk where P0 is the unknown, PN=10,000, N=10, k=1, and r=0.015. Substitute the values into the formula and simplify.
10000=P(1+0.0151)1⋅10
10000=P(1.015)10
10000=P(1.16054...)
8616.67=P
Therefore, rounded to the nearest dollar, the initial investment needs to be $8617 to have $10,000 in 10 years.
Step-by-step explanation:
The rules of operations to simplify 2 3-4 (5.4)
Answer:
3/20
Step-by-step explanation:
1/4 of 3/5= 3/20
hope its clear
1,327 days are in between 12/1/16 and 7/20/20
Answer:
Yes, this is a translation which doesn't change the pre-image size
Step-by-step explanation:
