Answer:
1000=N(1 + .08/12)^36 where N is the initial deposit.
So 1000=N(1.00666667)^36
N=1000/(1.00666667)^36
ln N=ln 1000/(1.00666667)^36=ln 1000-36 ln (1.00666667)
ln N=6.6685517411100682158933244766027
N=e^6.6685517411100682158933244766027=$787.25463 as the initial deposit.
Answer:
t = r + 11
Step-by-step explanation:
t - 5 = r + 6 ( add 5 to both sides )
t = r + 11
Answer:
17
Step-by-step explanation:
b(n)=b(n-1)+1 means a term can be found by taking it's previous term and adding 1 to it.
So if b(1)=16, the next term b(2)=16+1=17.