Answer:
2
Step-by-step explanation:
The total interest accrued is $2,407.41 if you invested $7,000 into a money market account for 10 years at an annual interest rate of 3%.
<h3>What is invested amount?</h3>
An investment is a payment made to acquire the securities of other firms with the intention of making a profit.
We are assuming the interest will be compounded annually
Where A = Final amount
P = Principal amount
r = annual rate of interest
n = how many times interest is compounded per year
t = How long the money is deposited or borrowed (in years)
We have:
P = $7000
r = 3% = 0.03
t = 10 years
n = 1
After calculating:
A = $9407.41
I = A - P = 9407.41 - 7000 = $2,407.41
Thus, the total interest accrued is $2,407.41 if you invested $7,000 into a money market account for 10 years at an annual interest rate of 3%.
Learn more about the invested amount here:
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Answer:
look at the explanation
Step-by-step explanation:
in order to create a f(-2) you would need to know either a table of values or an equation to plug values into . . .saying a function of -2 does not really help, sorry
The answer is already in its simplest form. You can not add the two because the have different variables. Hope this helps ;)))
Significant figures tells us that about how may digits we can count on to be precise given the uncertainty in our calculations or data measurements.
Since, one inch = 2.54 cm.
This is equivalent as saying that 1.0000000.. inch = 2.540000... cm.
Since the inch to cm conversion doesn't add any uncertainty, so we are free to keep any and all the significant figures.
Since, being an exact number, it has an unlimited number of significant figures and thus when we convert inch to cm we multiply two exact quantities together. Therefore, it will have infinite number of significant figures.
