Answer:
Each table is $6 and each chair is $2.50
Step-by-step explanation:
6-6=0-6=-6
theres a 12 percent difference
-6+6=0+6=6
Compound interest formula = a=P(1+r/n)^nt
P= lump sum to deposit (solving for)
A= amount accumulated over the entire time (20000)
n= number of times interest is compounded annually (1)
r= rate of interest (0.82)
T= total number of years (15)
20000=P(1+0.082/1)^1*15
20000=P(1.082)^15
20000=P(3.26143638)
20000/3.26143638=P
P=$6132.2674
Answer:
xvideos
Step-by-step explanation:
