Answer:
Use the formula for calculating compound interest PN=P0(1+rk)Nk where P0 is the unknown, PN=10,000, N=10, k=1, and r=0.015. Substitute the values into the formula and simplify.
10000=P(1+0.0151)1⋅10
10000=P(1.015)10
10000=P(1.16054...)
8616.67=P
Therefore, rounded to the nearest dollar, the initial investment needs to be $8617 to have $10,000 in 10 years.
Step-by-step explanation:
Answer:
x=9
Step-by-step explanation:
2(10-22×0)=(2x+2)
Applying BODMAS
2(10-0)=(2x+2)
2(10)=2x+2
2x+2=20
2x=20-2
2x=18
x=9
Answer:
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Answer:
x=101
Step-by-step explanation:
Answer:
5/7, 2/3, and 16/21
Step-by-step explanation:
If you put them all under the same denominator you will get 2/3=14/21, 5/7= 10/21, and 16/21. And if you put them in order it is 10/21, 14/21, and 16/21. Hope this helps, let me know if correct!!