Answer:
$56,226
Step-by-step explanation:
x = investment
Earning interest of 3.57% is the equivalent of multiplying the initial balance (investment) by 1.0357;
Over 20 years, the new balance can be found by multiplying the initial balance by (1.0357)²⁰;
We can formulate an equation to solve to get the initial investment:
x(1.0357)²⁰ = 113400
(2.01687752)x = 113400
x = ¹¹³⁴⁰⁰/₍₂.₀₁₆...₎
x = 56225.5263 → 56226
Answer:
Step-by-step explanation:
multiply each side by 2
subtract 3 from each side
multiply each side by -1
Answer:
Step-by-step explanation:
In logarithmic functions, if we have an exponent say the 
in 
, we can "pull it down" from the power and multiply it next to the log.
1 = 7/7 charlie should know
