Using the formula for compounded interest, it is found that an interest rate of 1.56% would be required.
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The compound interest formula is given by:
- A(t) is the amount of money after t years.
- P is the principal(the initial sum of money).
- r is the interest rate(as a decimal value).
- n is the number of times that interest is compounded per year.
- t is the time in years for which the money is invested or borrowed.
- Invest $11,000, thus
- 16 years, thus
- End up with $14,000, thus
- Compounded monthly, thus .
An interest rate of 1.56% would be required.
A similar problem is given at brainly.com/question/23781391
Answer:
10, 12, 14 or -10, -8, -6
Step-by-step explanation:
We can let x represent the middle integer. Then the smaller one is x-2 and the larger one is x+2. The given relation is ...
(x-2)(x) = 92 +2(x+2)
x^2 -2x = 92 +2x +4 . . . eliminate parentheses
x^2 -4x = 96 . . . . . . . . . subtract 2x
x^2 -4x +4 = 100 . . . . . . add 4 to complete the square
(x -2) = ±√100 = ±10 . . . take the square root
x = 2 ± 10 = -8 or +12 . . . . add 2
The three integers might be ...
-10, -8, -6 or 10, 12, 14
Answer:
-5/2
Step-by-step explanation:
-7-3/10-6 = -10/4 which equals -5/2
Answer:
Card B = 8,666 bottles collected
Card C = 300,000 and 200
Step-by-step explanation:
Card B = 1,238 * 7 is 8,666
7 days in a week
Card C = 270,240 to the nearest hundred thousand is 300,000
240 to the nearest hundred is 200