Answer:
The principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Step-by-step explanation:
Given
- Accrued Amount A = $1000000
- Interest rate r = 6% = 0.06
- Compounded monthly n = 12
To determine:
Using the formula


substituting A = 1000000, r = 0.06, t = 45, and n = 12


$
Therefore, the principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Answer:
I have attached a picture of me solving the equation.
Now you must be wondering how I got the answer, well first simplify the expression in y = mx + b. Then graph it on demos. Do the same thing for the other expression. Pick any point that lies on the line. That is your solution to the equation.
The green line is the expression of 3x - 4y = 11. I simplify the equation in y = mx + b giving me y = 3/4x - 11/4.
The orange line is the expression of 3x + 2y = 2. I simplify the equation in y = mx + b giving me y = -3/2x + 1.
Hope this helps, thank you !!
Domain of 5x^2 + 2x - 1 is all real numbers.
Answer:
C choice.
Step-by-step explanation:

First, we move the same terms to the same side.

Then we move 6 to divide - 18.
