Find the ending amount of an investment of $10,000 for 5 years at an interest rate of 10% if the money is compounded monthly.
$1,218,221.82
$11,200.00
$16,487.22
$16,453.09

9514 1404 393

  $16,453.09

Step-by-step explanation:

The future value formula is ...

  FV = P(1 +r/12)^(12·t)

For P = 10000, r = 0.10, t = 5, the future value is ...

  FV = $10,000(1 +0.10/12)^(12·5) = $10,000(1.64530893) ≈ $16,453.09

the smallest possible measurement of the width is 14 feet

step-by-step explanation:

let's assume length of parallelogram is 'l'

width of parallelogram is 'w'

the perimeter of a parallelogram must be no less than 40 feet

so, we get

we are given

length of parallelogram is 6 feet

so,

l=6

we can plug it

now, we can solve for w

subtract both sides by 12

divide both sides by 2

and we get

so,

the smallest possible measurement of the width is 14 feet