It will take 55 years for the account value to reach 38200 dollars.
Answer:
the answer is 1
Step-by-step explanation:
Answer: -$6,500
Step-by-step explanation:
Here we could , use the arithmetic progression where
T(2020 - 2010) = a + ( n - 1 )d
T10 = a + ( 10 - 1 )d --------------- 1
a = $25,000, n = 10 and d = 14% of $25,000 = $3,500 the common difference.
Note since it decreases the common difference d = -$3,500.
Now substitute for the values in the equation above.
T10 = 25,000 + 9 x -3,500
= $25,000 - $31,500
= -$6,500 (deficit )
<h2>39/6 = 6.5</h2><h2 /><h2>6 hours 30 minutes</h2>
