Answer:
$2355.06
Step-by-step explanation:
Use the compound interest formula, filling in the numbers you know. Then solve for the number you don't know.
A = P(1 +r/n)^(nt)
where A is the account balance, P is the amount invested, r is the annual rate, n is the number of times per year interest is compounded, and t is the number of years.
Filling in the given values, we have ...
4000 = P(1 +.053/52)^(52·10) = P(1.6984738)
P = 4000/1.6984738 ≈ 2355.06
You would need to deposit $2355.06 in order to have $4000 in 10 years.
Answer:6:11
Step-by-step explanation:
I hope this helps
Answer:
8
Step-by-step explanation:
8*8=64
Answer:
1
Step-by-step explanation:
10x -6 = 3x - 1
7x - 6 = -1
7x = 5
x = 0.71428571428 or 5/7
Answer:
t+4, t≠8
Step-by-step explanation:
The value of t must not be one that makes the denominator zero, hence must not be 8.
