Answer: $5,678.85
Step-by-step explanation:
First find out how much the fund was worth after 5 years.
Compound interest formula:
= Investment * (1 + rate) ^ years
= 4,000 * ( 1 + 11%)⁵
= £6,740.23
Half was removed:
= 6,740.23/2
= £3,370.12
Then compound this for the remaining 5 years:
= 3,370.12 * (1 + 11%)⁵
= $5,678.85
Answer:
Step-by-step explanation:
Slope 1/7 ; easiest way to remember is rise over run
Answer: .84
Step-by-step explanation:
The x coordinate is halfway between 2 and 10 = 2 + (10-2)/2 = 2+4 = 6
so midpoint is C (6,3)