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
To graph the equation, plot a few points then connect then with a line.
f(x) = 440 - 55x
Plug in numbers for x to get the y value.
f(0) = 440
f(1) = 385
f(2) = 330
f(3) = 275
f(4) = 220
f(5) = 165
So when you graph these points, the y intercept is y = 440 because the graph crosses the y axis at (0, 440).
The x intercept is where the graph crosses the x axis. This happens when y = 0.
0 = 440 - 55x. Solve for x.
55x = 440
x = 8
So the x intercept is x = 8
Answer:12
Step-by-step explanation:
Well what do u need help with can u explain?
