Answer:
$ 8,695.35
Step-by-step explanation:
This is a compound interest question
Amount after t years = A = P(1 + r/n)^nt
Where P = Initial Amount saved
r = interest rate
t = time in years
n = compounding frequency
A = 10,000
r = 3.5 %
t = 21 - 17 = 4 years
n = Compounded monthly = 12
Step 1
Converting R percent to r a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
P = A / (1 + r/n)^nt
Solving our equation:
P = 10000 / ( 1 + (0.035/12)^12 ×4 =
P = $8,695.35
The principal investment required to get a total amount, principal plus interest, of $10,000.00 from interest compounded monthly at a rate of 3.5% per year for 4 years is $8,695.35.
50p=c
So $50 x the number of people = the price in dollars
So for 11 people it would cost $550
I hope this helped :)
-7x-5y=-47x+9y=-4
combine like terms to cross out the 7x
solve for y, to get -2
plug it back in to one of the equations and x is 2
y=-2
x=2
Answer:
says of the week
Step-by-step explanation:
x side or bottom of graph is independent variable
y side of left part of the graph is dependent variable
Answer:T=1
Step-by-step explanation:
