Answer:
11
Step-by-step explanation:
The reciprocal of a number x is 1/x.
Let x = 1000
The reciprocal is 1/1000.
1000 meters= 1 kilometer so your answer is 1.5 kilometers
Answer:
hi just need points
Step-by-step explanation:
Answer:
4,218.75
Step-by-step explanation:
Lets say that P is your starting principal (spelled -pal and not -ple, because Your Money is Your Pal), r is the interest rate (expressed as a decimal), and Y is the number of years you invest. Then your future value will be:
P (1 + rY) (Simple Interest)
P (1 + r)Y (Annually Compounded Interest)
Note the two formulas give the same answer for one year. After that, compound interest takes off.