Answer:
The time it will take for the account balance to reach $3,726.18 is 15 months.
Step-by-step explanation:
The information provided is:
- Jaidee invests $2,628 in a retirement account
- With a fixed annual interest rate of 2.33%
- Compounded 12 times per year, i.e. compounded monthly.
- Final account balance: $3,726.18
The formula of compound interest (compounded monthly) is:
Compute the value of t as follows:
Thus, the time it will take for the account balance to reach $3,726.18 is 15 months.
X=X2/6+3 I hope this helps but it's all I got
Answer:
Option D
Step-by-step explanation:
a^2 + b^2 = c^2
5^2+b^2=9^2
25+b^2=81
b^2=56
b=2√14
Answer:
10,000,000 written as a power of 10 is 10 to the power of 7.
Step-by-step explanation:
10,000,000 has 7 zeros which means 10 x 10 x 10 x 10 x 10 x 10 x 10