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:
Declaration of Independence was designed for multiple audiences: the King, the colonists, and the world. It was also designed to multitask. Its goals were to rally the troops, win foreign allies, and to announce the creation of a new country. The introductory sentence states the Declaration’s main purpose, to explain the colonists’ right to revolution. In other words, “to declare the causes which impel them to the separation.” Congress had to prove the legitimacy of its cause. It had just defied the most powerful nation on Earth. It needed to motivate foreign allies to join the fight.
Step-by-step explanation:
Rate is the number of death over time. So 1000 divide by 365 days =2.78
Step-by-step explanation:
Time for equipment elevator = 11 seconds + 27 seconds = 38
Time for elevator for miners = 27 seconds
Speed of equipment Elevator = 7 feet/ sec
Speed of Miner elevator = 16 feet/ sec
Distance traveled by Equipment Elevator = Speed * time
= 7 * 38 = 266
Distance traveled by Miner Elevator = Speed * time
= 16 * 11 = 176
266 > 176
Therefore, The Equipment Elevator is deeper than the Miner Elevator
Depth of Equipment Elevator = 266m
Depth of Miner Elevator = 176m
I hope its Helpful,
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