Answer: B.
Step-by-step explanation:
Answer:
$ 50,340.97
Step-by-step explanation:
From the above question, we can deduce that we are to find the Initial amount invested which is also called the Principal.
The formula to find Principal in a compound interest question is:
P = A / (1 + r/n)^nt
Where:
A = Total Amount obtained after invested = $80,000
r = Interest rate = 3.1% = 0.031
n = number of times interest in compounded = Quarterly = 4
t = time in years = 15
P = $80,000/(1 + 0.031/4)^4 × 15
P = $80,000/(1 +0.00775)^60
P = $ 50,340.97
Hence, James would have to invest $50,340.97 today to have $80,000 in 15 years.
Answer:
250 students at a minimum must attend to meet the student council goal.
Step-by-step explanation:
divide 500 by 2. you get 250 students that pay $2 each that equals $500.
C1000÷ct=w
you pretty much ×1000 and then ÷t and c
Answer:
c i think sorry if i get it wrong
Step-by-step explanation:
