Answer:
This problem requires us to calculate, the value of investment after 10 and 25 years, and also tell the time after which intial investment amount will double. Investment rate and initial investment amount is given in the question.
Value of investment after 10 year = 2000(1+7%)^10 = $ 3,934
Value of investment after 25 year = 2000(1+7%)^25 = $ 10,855
Time after which investment amount double (n)
4000 = 2000 (1.07)^n
Log 2 = n log 1.07
n = 10.2 years
Answer:
$677.02
Step-by-step explanation:
623.98 increase 8.5% =
623.98 × (1 + 8.5%) = 623.98 × (1 + 0.085) = 677.0183
Answer:
no
Step-by-step explanation:
three points can exist on three different lines and still reside in the same plane
Answer:
C)166 degrees would be correct....
Step-by-step explanation: