Answer:
Use the formula for calculating compound interest PN=P0(1+rk)Nk where P0 is the unknown, PN=10,000, N=10, k=1, and r=0.015. Substitute the values into the formula and simplify.
10000=P(1+0.0151)1⋅10
10000=P(1.015)10
10000=P(1.16054...)
8616.67=P
Therefore, rounded to the nearest dollar, the initial investment needs to be $8617 to have $10,000 in 10 years.
Step-by-step explanation:
Answer:
(5,6)
Step-by-step explanation:
<em>Generally, is the coordinate (x,y) is translated right by a units and up by b units, the resulting coordinate wil be;</em>
g(X, Y) = (x+a, y+b)
To the right is along the positive x axis while up is along the positive y axis
Given a = 3 and b = 4
g(X,Y) = (2 + 3, 2 + 4)
g(X, Y) = (5, 6)
Hence the resulting coordinate of g is (5,6)
Answer:Average daily pay =$90
Step-by-step explanation:
Step 1
Formulae
Average daily earnings = Total amount of earning from Monday through Saturday/ number of days
Step 2
Monday $78,
Tuesday $94
Wednesday $115
Thursday $108
Friday $67
Saturday $78
Total earnings for Ben = $540
Average daily pay= $540/6 ==$90
Answer:
f(- 2) = 1
Step-by-step explanation:
f(- 2) means what is the value of f(x) when x = - 2
From the table we can see that when x = - 2 f(x) = 1
Hence
f(- 2) = 1
