We have been given that an account is opened with a balance of $3,000 and relative growth rate for a certain type of mutual fund is 15% per year.
In order to tackle this problem we have to find the value of mutual fund after 5 years. For our purpose we will use compound interest formula.
,where A= amount after t years, P= principal amount, r= interest rate (decimal) and t= number of years.
After substituting our given values in above formula we will get
Now we will solve for A
Therefore, after 5 years mutual fund is worth $6034.07.
Answer:
3/10
Step-by-step explanation:
3/5 se puede convertir en 6/10
(3x2)/(5x2).
9/10 - 6/10 = 3/10
le falta 3/10 para llegar a 9/10.
Answer:
:( help me on my question
Step-by-step explanation:
Answer:
They are all odd numbers.
Step-by-step explanation:
Ok so we know that numbers that end with 1,3,5,7 and 9 are odd numbers and all the numbers listed in the question all end with these numbers.
