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natita [175]
2 years ago
11

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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No estimating in this question.
nekit [7.7K]

Driving 350 miles requires

(350 mi) / (10.4 mi/L) ≈ 33.65 L

of petrol.

This amount of petrol would cost

(33.65 L) × (£1.29/L) ≈ £43.41

5 0
3 years ago
How would I be able to know What the additive inverse of 7 is ???
Nikitich [7]

Answer:

it is -7

Step-by-step explanation:

An additive inverse is a term which when added to another term yields the additive unity=0.

7+ (-7)=0

8 0
3 years ago
3.) Susie picks strawberries on her uncle's farm. He pay's her $0.30 per container for the first 50
ivann1987 [24]

Answer:

77.5

Step-by-step explanation:

For 0.30 for the first 50, just subtract 50 from 175, that leaves 125.

(An easy way to do this is think of quarters, 25+25=50 and 50+25=75 so all you have to do is subtract two 25s and you know it's 125)

Put the 125 to the side, and multiply 50 to 0.30, you get 15.

Then for 0.50 over 50 containers, multiply the remaining 125 with 0.50, you get 62.5.

Add 62.5 and 15 together, that gives you 77.5

5 0
4 years ago
Find the solution for (7+6)+2=7+(x+2)
Tomtit [17]
16=7+2x is ur answer learned this last year in 7th grade
8 0
3 years ago
Read 2 more answers
PLEASE HELP ASAP!!!!!Sunny earns $22.75 per week delivering newspapers. He worked as a delivery boy for 3 weeks. He also earned
alexandr1967 [171]

Answer:

error in step one

Step-by-step explanation:

Sunny earns $22.75 per week delivering. delivery boy for 3 weeks.

That means $22.75 x 3 not $22.75 + 3

He can correct his mistake by doing this:

<em>Step 1: [($22.75 * 3) + $32.75 - $14.25] * 1/ 5 </em>

<em> </em>

<em>Step 2: [$86.75] *1/5 </em>

<em> </em>

<em>Step 3: $17.35</em>

<em />

<em> </em>

<em> </em>

4 0
3 years ago
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