Answer:
$9,000.00 is her original investment worth in 10 yrs.
5000 x 1.08 ^10 = 10794.6249864
Then subtract -500000 = 5794.62498636
Step-by-step explanation:
Why, because the first year is proved 5000 x 0.08 = 400
= 400 year 1 but cna keep only if stays in investment for 10 years
400 x 10 = 4000 interest on investment
5000+ 4000 = $9,000.00 SI
+ 1,794.62 Interest on interest if applies (this is called CI) and makes $10794.62
Answer:
35.25
Step-by-step explanation:
< is the answer. Hope this helps!
