Answer:
$30
Step-by-step explanation:
He first has 10 dollars. Then 5 is taken off.
So, 10-5=5
His friend gives him 25 more dollars
So, 25+5= 30
Hope this helped!
5000(1+.07)^2
5000(1.07)^2
5000(1.14)
5,700
Your final answer should be 5,700$. If you wanna double check you would use the equation fv=bv(1+r/m)^mt
Answer:
£9,148.37 pounds
Step-by-step explanation:
you need to get the 1.4% of 8300 and add it to the next year
which will give £8,416.20
you repeat that again but with 8,416.20 to the 3rd year and so on and so forth
Answer:
27 years
Step-by-step explanation:
The formula for the number of payments can be used:
N = -log(1 +0.05(1 -1000000/65000))/log(1.05) +1 = 27.03
There will be a couple thousand dollars left after the 27th payment.
The winnings will last 27 years.
It would be B or 1,625 because percentages are going to always involve multiplication. if I'm wanting to find a percentage you do .25 times 6,500 which leaves you with 1,625.
