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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.
So you basically just add up all of the numbers for the number sentence, so:
1800+2150+675+2300+665+95+250+1150+225+750+530. So the sum of those is the new balance, which is $10590