Joseph has 10,000 to invest he invests in met bankpays 4 interest compounded annually how much money will he have in 4 years hint a=p(1+r)t)

FV = $11,698.59

Step-by-step explanation:

Given,

Initial investment or principal or Present value, PV= $10,000

Interest rate (i) = 4%

No.of period (years, t) = 4

Since the interest rate is compounded annually, we have to use future value of compound formula instead of using simple interest formula.

Therefore, we know,

FV = PV (1 + i) ^ t

Putting the value,

FV = $10,000 (1 + 0.04)^4

We can separately calculate the factor, 1.04^4.

FV = $10,000*1.16985856

We can also use financial calculator to find the factor. However, we just use a normal scientific calculator to determine this.

FV = $11,698.59

x ≥ 18 is your answer

step-by-step explanation:

let "a number" = x

(2/3)x + 17 ≥ 29

isolate the variable (x). do the opposite of pemdas (parenthesis, exponent (& root), multiplication, division, addition, subtraction).

first, subtract 17 from both sides.

(2/3)x + 17 (-17) ≥ 29 (-17)

(2/3)x ≥ 29 - 17

(2/3)x ≥ 12

next, multiply 3/2 to both sides to isolate the x

(3/2)(2/3)x ≥ 12(3/2)

x ≥ 12(3/2)

simplify. multiply, then divide

x ≥ (12 * 3)/2

x ≥ (36)/2

x ≥ 18

x ≥ 18 is your answer

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