Answer:
m = 8 Please brainliest!
Step-by-step explanation:
Simplifying
7m + -6m = 8
Combine like terms: 7m + -6m = 1m
1m = 8
Solving
1m = 8
Solving for variable 'm'.
Move all terms containing m to the left, all other terms to the right.
Divide each side by '1'.
m = 8
Simplifying
m = 8
Answer: $59313.58
Step-by-step explanation:
We know that formula we use to find the accumulated amount of the annuity ( ordinary annuity interest is compounded ) is given by :-
, where A is the annuity payment deposit, r is annual interest rate , t is time in years and n is number of periods.
Given : Annuity payment deposit :A= $4500
rate of interest :r= 6%=0.06
No. of periods : m= 1 [∵ its annual]
Time : t= 10 years
Now we get,

∴ the accumulated amount of the annuity= $59313.58
Answer:
I see, you have to hhh.
Step-by-step explanation:
Answer:
Korey expects to make in profits in his fifth year of operation : 15149.73 dollars
Step-by-step explanation:
the first year : 1000 *12=12000
for the nest four years :12000(1+0.06)^4 = 15149.73
Korey expects to make in profits in his fifth year of operation : 15149.73