The following compounding formula applies:
A = P (1+R/2)^2t
Where, A = Amount after 5 years = $26,000; P = Amount invested now; R = Annual rate of earning = 6% = 0.06; t = time = 5 years.
Substituting;
26000 = P(1+0.06/2)^2*5 = P(1.3439)
Therefore, P = 26000/1.3439 = $19,346.44
The correct answer is d.
Answer:
Step 2 is where this person went wrong
Step-by-step explanation:
Should be
11 + (9)(3)= x
11 + 27= x
x = 38
What kind of question is this mr chow is not happy
The first thing you would do is square 17,000, which is 298,000,000. Then you would multiply 298,000,000 by 0.10. (or divide the number by 10)
This would get you 28,900,000.
You need 12 square roots of 1764 ?
<span>Why not find the square root of 1764 first (it's 42) and then take 12 of those ?
Hope this helps!</span>
