So its 1.75*0.55 and whatever you get divided by the
total
Answer:
<h2>x = 1, y = 1 → (1, 1)</h2>
Step-by-step explanation:
Answer:
Step-by-step explanation:
So what this is is
many words
assuming year 0 is 2017
so compound first thing till 2020, take out 30000
the remaining is copmpounded til 2022, take out 50000
remaining is compounded for 1 more year and that is equal to 80000
so from 2017 to 2020, that is 5 years
from 2020 to 2022 is 2 years
from 2022 to 2023 is 1 year
work backwards
A=P(r+1)^t
last one
A=80000
P=?
r=0.08
t=1 year
80000=P(1.08)^1
divide both sides by 1.08
I would leave in fraction
20000000/27=P
now that is the remaining after paying 50000, after 2 years of compounding
so
50000+(2000000/27)=P(1.08)^2
solve using math
about
106374=P
now reverse back
5 years
paid 30000
30000+106374=P(1.08)^5
solve using math
92813.526=P
round
$92813.53
put $92813.53 in the fund
Answer:
$20500
Step-by-step explanation:
26500-(.12*26500)=23320 For 1 year
23320-(.12*23320)=$20521.60 For 2 years
