Answer:
$8,240
Step-by-step explanation:
We are given that,
Principle amount in the savings account, P = $5,000.
Rate of interest, r = 5% = 0.05
Time period, t = 10
Also, the interest is compounded monthly, n = 12
As, we now that the value of the investment is given by 
Thus, we have,
Investment Value = 
i.e. Investment Value = 
i.e. Investment Value = 
i.e. Investment Value = 
i.e. Investment Value = $8,240
Hence, the investment amount after 10 years is $8,240.
Answer:
Step-by-step explanation:
(B^2)(B^4) = B^(2+4)= B^6
answer is B
Answer x=2
Step-by-step explanation:
Answer:
you need the distance they're running and the pace they are running at.
Answer:
In 2015, the financial statements of Ultimate Medical Center reported $500,000 in total revenues and $145,000 in net income. The balance sheet showed net assets of $350,000. Calculate the operating margin ratio and the return on equity rate for Ultimate Medical Center.
Step-by-step explanation: