Answer:
$ 50,340.97
Step-by-step explanation:
From the above question, we can deduce that we are to find the Initial amount invested which is also called the Principal.
The formula to find Principal in a compound interest question is:
P = A / (1 + r/n)^nt
Where:
A = Total Amount obtained after invested = $80,000
r = Interest rate = 3.1% = 0.031
n = number of times interest in compounded = Quarterly = 4
t = time in years = 15
P = $80,000/(1 + 0.031/4)^4 × 15
P = $80,000/(1 +0.00775)^60
P = $ 50,340.97
Hence, James would have to invest $50,340.97 today to have $80,000 in 15 years.
Answer:
B: 1 × 10^5
Step-by-step explanation:
B is correct and C is not becasue you have to have the number multiplied by 10 to a power because then you wouldn't know what number to use as the base. I hope this helps. :)
Answer: 1
Step-by-step explanation:
In order to find GCF, take the prime factorization of 3 and 13.
3: 1*3 ==> Prime factorization of 3
13: 1*13 ==> Prime factorization of 3
The common factor is 1.
GCF of 13 and 3 is 1
Answer:
7x
Step-by-step explanation:
It equals 28 just like the problem with parentheses, 7x .
72 divided by negative 9 is -8
