Answer:
$2355.06
Step-by-step explanation:
Use the compound interest formula, filling in the numbers you know. Then solve for the number you don't know.
A = P(1 +r/n)^(nt)
where A is the account balance, P is the amount invested, r is the annual rate, n is the number of times per year interest is compounded, and t is the number of years.
Filling in the given values, we have ...
4000 = P(1 +.053/52)^(52·10) = P(1.6984738)
P = 4000/1.6984738 ≈ 2355.06
You would need to deposit $2355.06 in order to have $4000 in 10 years.
Step-by-step explanation:
1/3 + 2/9 = 3/9 + 2/9 = 5/9
Topic: Fractions
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Answer:
x = -6
-18+4y=0 => 4y=18 =>y=18/4=9/2
Y=5
3x+20=0 => x=3x= -20=> x= -20/3
Step-by-step explanation:
Answer:
$325
Step-by-step explanation:
Let the dryer price be x, then the washer price would be x-78
x+x-78 = 572
2x = 650
x = 325