After 14 years, the investment will be worth $ 2,306.72.
Given that an investment has a $ 1000 principal, 6% annual interest, 6 interest periods and 14 years of investment, to determine, after 14 years, how much the investment will be worth, the following calculation must be performed:
- 1000 x (1 + 0.06 / 6) ^ 14x6 = X
- 1000 x 1.01 ^ 84 = X
- 1000 x 2.3067 = X
- 2,306.72 = X
Therefore, after 14 years, the investment will be worth $ 2,306.72.
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Answer:
Simply divide both sides by 10:
2915/10 = 10x/10 → 291.5 = x
<u>X = 291.5</u>
Answer:
x+2y=-7
Step-by-step explanation:
2y + x =-7
x+2y=-7
Answer:
d=4
Step-by-step explanation:
(12d - 24) - (2 • (d - 3) + 22) = 0
10d - 40 = 10 • (d - 4)
10 • (d - 4) = 0
Solve : 10 = 0
Solve : d-4 = 0
Add 4 to both sides of the equation :d = 4
Answer:
A) $1555
Step-by-step explanation:
The formula for percentages is :
To work this out you would first need to find 16 percent of $2100. You can do this by first dividing the percentage by 100, this gives you 0.16. This is because percentages are out of 100.
The next step is to multiply 0.16 by 2100, this gives you 336. This is because by multiplying 16% as a decimal by the amount of 2100 we are working out 16% of 2100.
The next step is add up the value of all of the deductions. You can do this by adding 336 by 89 by 85 and 35, this gives you 545.
The final step is to minus the total deductions of 545 from the total amount of 2100, this gives you $1555.
1) Divide 16 by 100.
2) Multiply 0.16 by 2100.
3) Add 336 and 89 and 85 and 35.
4) Minus 545 from 2100.