Given:
a.) A company will need 1.8 million 5 years from now to replace some equipment.
b.) The account pays 5.25 percent interest, compounded annually.
We will be applying the Compounded Interest Formula:

Where,
A=final amount
P=initial principal balance/money to initially deposit
r=interest rate (decimal)
n=number of times interest applied per time period
t=number of time periods elapsed (in years)
In this scenario, we are asked what is the amount of principal balance/initial deposit to make to get 1.8 million in 5 years.
Annually = n = 1
We get,




Therefore, the answer is 1,393,676.52
Answer:
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Step-by-step explanation:
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Answer:
C($)= (x²/2 +11x)5.75
Step-by-step explanation:
Let's assume the height= x
The base= x+22
Area= 1/2(base*height).
Area= 1/2((x+22)(x))
Area= x²/2 +11x
Cost per ft= $5.75
Cost for painting the triangular mural C
C($)= (x²/2 +11x)5.75
Answer:
I think the answer is 2/15 but I'm not a hundred percent sure
You have to turn the denominators the same then whatever you do to the top you do to the bottom the just subtract