Answer:
After 12 years the investment will be worth $5145.
Step-by-step explanation:
The formula used for compounded interest is:
A = P(1+r/n)^nt
where,
A = future value
P = Principal Amount
r = interest rate
n = no of times interest is compounded
t = time
In the question given:
A=?
P = $2100
r = 7.75% or 0.0775
n = 1
t= 12
A= 2100*(1+0.0775/1)^1*12
A= 2100 *(1+0.0775)^12
A= 2100 *(1.0775)^12
A= 2100 * 2.45
A= 5145
So, after 12 years the investment will be worth $5145.
Answer:
520 miles
Step-by-step explanation:
65 mph * 8 hours = 520 miles
I hope this helps :)
We can solve x + y = 0 for y: y = -x.
This is a polynomial. As with all polynomials, its domain is the set of all real numbers. The range is unlimited and is also the set of all real numbers.
Answer:
h = 26
Step-by-step explanation:
45 = h + 19
45-19 = h
26 = h
Answer:
x = -30
Step-by-step explanation:
subtract 7 from both sides ( 7+2/5x -7, -5-7 )
simplify ( 2/5x = 12 )
multiply both sides by 5 ( 2/5x times 5 = 5 (-12) )
simplify ( 2x = -60 )
divide both sides by 2 ( 2x / 2, -60 / 2 )
x = -30
