To answer this question you can't use the distributive property.You would just add the addends together equaling 105.
Hope this helps!
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:
1487
Step-by-step explanation:
The inequality is 0.04m + 10 ≥ 69.48. We use ≥ and not > because it says "least", indicating that we need to use the ≥ sign. Solving for m we get:
0.04m + 10 ≥ 69.48
0.04m ≥ 59.48
m ≥ 1487
The smallest integer that satisfies this inequality is 1487 minutes.
