Answer: 2343
Step-by-step explanation:
Answer:
-7 = m
Step-by-step explanation:
5m − 7 = 6m
Subtract 5m from each side
5m-5m − 7 = 6m-5m
-7 = m
Answer:
$13,695.98
Step-by-step explanation:
We can use the continuous compound interest formula to solve:

<em>P = principal amount</em>
<em>r = interest rate (decimal)</em>
<em>t = time (years)</em>
<em />
First, lets change 8% into a decimal:
8% ->
-> 0.08
Now, lets plug in the values:


The account balance after 10 years will be $13,695.98