Answer:
Answer is a
Step-by-step explanation:
I don't want to explain
The answer is 25 % hope it helps
5000(1+.07)^2
5000(1.07)^2
5000(1.14)
5,700
Your final answer should be 5,700$. If you wanna double check you would use the equation fv=bv(1+r/m)^mt
Answer:
x=y-4 is x=y-4
y=2+ 2x/2
Step-by-step explanation:
Answer:
13.22
Step-by-step explanation:
were solving for t and we know:
a(t)=p(1+(r/n))^nt
5000=a-the total
2940=p-the starting amount
.041=r-the rate
1=n-compound (annual)
plug this into a graph :
5000=2940(1+(.041/1))^x
and you get : 13.22
