Answer:
Use the formula for calculating compound interest PN=P0(1+rk)Nk where P0 is the unknown, PN=10,000, N=10, k=1, and r=0.015. Substitute the values into the formula and simplify.
10000=P(1+0.0151)1⋅10
10000=P(1.015)10
10000=P(1.16054...)
8616.67=P
Therefore, rounded to the nearest dollar, the initial investment needs to be $8617 to have $10,000 in 10 years.
Step-by-step explanation:
Use proportions because we know that the triangles are similar.
Cross multiply.
20x=28×5
x=7
answer: 7
Answer: $4.50
Step-by-step explanation:
6+6+3.5= 15.5 paid with a 20 so 4 dollars and 50 cents change
154 yd ²
the formula is (b • h) / 2 = A
so plug it in (14 • 22) / 2 = 154
Cone's volume is third of cylinder's volume, so 321*1/3=107 cubic units. Answer A. is correct.
