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2 years ago

Find the future value of 1000 at 7 % interest compounded annually for 10 years.

Mathematics

2 answers:

ser-zykov [4K]2 years ago

8 0

The future value of 1000 with annual compounding for 10 years is $1967.15.

The formula for calculating with annual compounding is:

FV = P (1 + r)^n

FV = Future value
P = the amount deposited
R = interest rate
N = number of years

1000 x (1.07)^10 = $1967.15

To learn more about future value, please check: brainly.com/question/18760477

adell [148]2 years ago

5 0

Answer:

1967.15

Step-by-step explanation:

1000 x 1.07^10 = 1967.15

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If you were to roll the dice one time what is the probability it will not land on 6

Naddika [18.5K]

Answer:

The chances that the dice will not land on 6 is 5/6.

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3 years ago

FIRST PERSON TO ANSWER GETS BRAINLIEST OR FIVE STARS Define the domain and range of the function.

uysha [10]

Answer:

Domain: (-∞, ∞)

Range: (-∞, ∞)

Step-by-step explanation:

The domain are the x-values included in the function (the horizontal axis).

The range are the y-values included in the function (the vertical axis).

The two arrows on the ends of the line (pointing upwards and downwards respectively) indicate that the function goes in those direction for infinity. Therefore, if there are an infinite amount of y-values, the range is (-∞, ∞).

While the slope is quite steep, there is still a slope and slowly "expands" the line on the horizontal axis. Because there is no limit to the y-values, the domain will also expand infinitely. Therefore, the domain is also (-∞, ∞).

7 0

2 years ago

Read 2 more answers

HELP ASAP! Which of the following tables represents a linear function?

____ [38]

Table A, B and D are represents a linear function.

What is Equation of line?

The equation of line in point-slope form passing through the points

(x₁ , y₁) and (x₂, y₂) with slope m is defined as;

⇒ y - y₁ = m (x - x₁)

Where, m = (y₂ - y₁) / (x₂ - x₁)

Given that;

There are 4 tables.

Now,

For Table A;

The equation of line is,

⇒ y - y₁ = (y₂ - y₁) / (x₂ - x₁) (x - x₁)

⇒ y - 5 = (2 - 5) / (- 1 - (-2)) (x - (-2))

⇒ y - 5 = - 3/1 (x + 2)

⇒ y - 5 = - 3 (x + 2)

⇒ y - 5 = - 3x - 6

⇒ y = - 3x - 1

For Table B;

The equation of line is,

⇒ y - y₁ = (y₂ - y₁) / (x₂ - x₁) (x - x₁)

⇒ y - 5 = (3 - 5) / (- 1 - (-2)) (x - (-2))

⇒ y - 5 = - 2/1 (x + 2)

⇒ y - 5 = - 2 (x + 2)

⇒ y - 5 = - 2x - 4

⇒ y = - 3x + 1

For Table C;

The equation of line is,

⇒ y - y₁ = (y₂ - y₁) / (x₂ - x₁) (x - x₁)

⇒ y - (-2) = (- 1 - (-2)) / (3 - 3) (x - 3)

⇒ y + 2 = 1/0 (x + 2)

⇒ y - 5 = ∞

Hence, It is not possible.

For Table D;

The equation of line is,

⇒ y - y₁ = (y₂ - y₁) / (x₂ - x₁) (x - x₁)

⇒ y - 0 = (-1 - 0) / ( 1 - 0) (x - 0)

⇒ y - 0 = - 1/1 (x)

⇒ y = - x

Thus, Table A, B and D are represents a linear function.

Learn more about the equation of line visit:

brainly.com/question/18831322

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5 0

1 year ago

How many 135-inch-thick books can fit on a 1412-inch-long bookshelf?

swat32

9x135 = 1,215
10x135 = 1,350
11x135 = 1,485

Therefore, your answer would be 10.

4 0

1 year ago

Which matrix is equal to P + Q?

Afina-wow [57]

Answer:
$\begin{bmatrix}-1.1 & 9.5\\-5.7 & 0.8\\6.1 & 0.7\end{bmatrix}$

------------------------------------

Add up the corresponding elements

Row1,Column1: 6.1+(-7.2) = -1.1
Row1,Column2: 1.9+7.6 = 9.5
Row2,Column1: -7.5+1.8 = -5.7
Row2,Column2: 2.2+(-1.4) = 0.8
Row3,Column1: 3.8+2.3 = 6.1
Row3,Column2: -1.4+2.1 = 0.7

So that's why the answer is
$\begin{bmatrix}-1.1 & 9.5\\-5.7 & 0.8\\6.1 & 0.7\end{bmatrix}$

3 0

3 years ago

Find the future value of 1000 at 7 % interest compounded annually for 10 years.​

Find the future value of 1000 at 7 % interest compounded annually for 10 years.