Answer:
I'm sorry I don't have an answer but for all future math work you should download photomath on your phone it's rly good
Answer:
If I read your problem write: 126
Step-by-step explanation:
if I interpret this as
- (-3)* 2 * (5) * 2 * (7) * 3 divided by 5 * 2
we can get 126
because:
- (-3)* 2 * (5) * 2 * (7) * 3 divided by 5 * 2
= 6 * 5 * 2 *7 * 3 / (5*2)
= 60*7 * 3/ (5*2)
= 420 * 3 / 10
= 1260/10
= 126
Answer:
The exponential equation is <em>A = 600(1.04)^15</em>
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The value of the mutual fund after 15 years is <em>$1,081</em>
Step-by-step explanation:
The value of the mutual fund after the number of years can be represented using the compound interest equation below;
A = P(1 + r/n)^nt
Where A is the value of the mutual fund after 15 years, P is the initial amount invested which is $600, r is the interest rate which is 4% or 0.04(4% = 4/100 = 0.04), n is the number of times we are compounding per year(which is 1 since it is a one time payment per year) and t is the number of years which is 15
Let's plug these values, we have;
A = 600(1 + 0.04/1)^15
A = 600(1.04)^15
A = $1,081 approximately
