You deposit $8500 in an account that pays 1.78% annual interest. Find the balance after 10 years when the interest is compounded monthly
The balance after 10 years is $

Step-by-step explanation:

step 1. let's call the balance A, the initial amount P, the yearly rate r, the number of compounds yearly n, and the time t.

step 2. A = P(1 + r/n)^(nt) (compounding equation)

step 3. A = 8500(1 + .0178/12)^((12)(10))

step 4. A = 8500(1.00148334)^120

step 5. A = $10,154.68.

where is the triangle?

3. (5x + 1) - (-10x + 6)

simplify the answer choice. combine like terms. remember to distribute the negative to the terms inside the second parenthesis. also remember that two negatives = one positive, and one of each sign = negative.

- (-10x + 6) = + 10x - 6

simplify. combine like terms:

5x + 1 + 10x - 6

5x + 10x + 1 - 6

15x - 5

∴ it is your answer

~