Step-by-step explanation:
hope it help you.
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Answer:
About 0.3 billion dollars
Step-by-step explanation:
5 years = 60 months.
The 150 of the first month will be 150*1.07^60 in 5 years.
The 150 of the second month will be 150*1.07^59 in 5 years.
The 150 of the third month will be 150*1.07^58 in 5 years.
And so forth.
So we sum that up:
( sum_(n=1)^(60) 150×1.07^n)
And multiply with
× 1.07^(5×23)
to account for the increase in value in the following 23 years.
Answer:
(0,0) r=5
Step-by-step explanation:
The equivalent number is 9013
Answer:
No Solution
Step-by-step explanation:
If you grouped like terms, you would get 
Both <em>n's</em> would cancel each other out.
I hope this helps! (If it's wrong, then tell me, I'll try to find the correct answer...)
