Answer:
How much would $25,000 be worth if it was compounded monthly at an annual rate of 4% after 15 years? How much would $5,000 be worth if it was compounded monthly at an annual rate of 3% after 35 years?
Step-by-step explanation:
37 and 1 / 4 = 37 * 6 = 74 * 3 = 222
Answer:
r = 13, 3
Step-by-step explanation:
| r - 8| = 5
All solutions for r by breaking the absolute value into the positive and negative components
r = 13, 3