What's the opposite of 23 1/2?
1 answer:
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For problems like this you can move the y's on the bottem up top by fliping the sign of the exponent (in this case 7 to -7) and MULTIPLYING it with EVERYTHING on top, then because of properties of multplication you can add the exponents to combine them into one term (in this case add 3 and -7 to get -4)
If any of this does not make sense let me know and ill try to clarify better
Then the amount of money will he have in his account after 10 years will be $7,454.16. Then the correct option is B.
<h3>What is compound interest?</h3>Compound interest is the interest on a loan or deposit calculated based on the initial principal and the accumulated interest from the previous period.
Miguel deposits $5000 in an account earning 4% interest compounded monthly.
Then the amount of money will he have in his account after 10 years will be
We know the compound interest formula.
Where
A = amount
P = principal
r = rate of interest
t = time period (in year)
Then we have
More about the compound interest link is given below.
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