They are called powers of 10.
The balance after ten years is $2,208.04.
When an amount of money is compounded quarterly, it means that the amount deposited and the interest earns interest every quarter. The formula that can be used to determine the balance in 10 years is:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value = $1000
- R = interest rate = 8%/4 = 2%
- m = number of compounding = 4
- N = number of years = 10
$1000 x (1.02)^40 = $2,208.04
To learn more about future value, please check: brainly.com/question/18760477
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what are the choices
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Step-by-step explanation:
Factor the expression. Factoring is the process of writing out an expression by using other expressions such that when the other expression are multiplied together, the resulting expression is the initial expression.
Now set the expression equal to zero to find the roots (also known are zeros) of the expression. Use the zero product property to find the answers, the zero product property states that any number times zero is zero.
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Find three consecutive integers where their sum is 17 less than four times the smallest integer. So consider any integer -- let's call it n.
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1 vote:
Let the smallest of those numbers be [math]n[/math], then the other numbers w
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