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.
Do 1.50 divided by 3 to get the unit price.
Answer:
They both use the same units of measure.
Step-by-step explanation:
Answer: you could buy 12 magazines
Step-by-step explanation:
each magazine is $2
Answer:
8.6
Step-by-step explanation:
The square root of 74 is 8.602325267. If you round this number to the nearest tenth you get 8.6