Suppose you have just inherited a sum of money. Let’s say you choose to invest the money. How much did you inherit? Choose an amount between $1000 and $100,000. Do not choose an increment of 1000. In other words, do not choose $1000, $2000, $5000, $14000, etc. What is your interest rate? Choose a rate between 0.5% and 3%.
Using yearly compounding, calculate the accrued value after 5 years, 10 years, and 15 years. Show all work.

Amount =$48003.20

Step-by-step explanation:

Here apply the compound interest formula;

where;

P = Principal amount invested = $37500

r = rate of interest as a decimal, 2.5% =0.025

n = number of compounding per year=1

t = time period the amount in invested=10

In our case, the amount after investing will be:-

Interest earned after the period:

= $48003.20 - $37500 = $10503.20

I hope this helps....

450

step-by-step explanation:

you get texts and minutes, so why not

- 2 + 10x³ - 21x² + 19x - 4

step-by-step explanation:

each term in the second factor is multiplied by each term in the first factor

x²(- 2x² + 4x - 1) - 3x(- 2x² + 4x - 1) + 4(- 2x² + 4x - 1) ← distribute

= - 2 + 4x³ - x² + 6x³ - 12x² + 3x -8x² + 16x - 4

collect like terms

= - 2 + 10x³ - 21x² + 19x - 4 ← in standard form