Divide the numerator by the denominator .
Answer:
14
Step-by-step explanation:
56/4=14
Check
14*4=56
Lets solve the problem through compound interest formula,
The number of months are 360
The account pay interest rate is 5.1 %compounded monthly.
The amount withdraws each month is $2154
The value of n is 360.
The value of is<em> i</em> is 5.1%
So,
![P = A [(1+i)^n]-1/i(1+i)^n\\\\P = $2,154 [(1+(0.051/12))^30*12] - 1 / (0.051/12)(1+(0.051/12))^30*12\\\\P = $396,721.78](https://tex.z-dn.net/?f=P%20%3D%20A%20%5B%281%2Bi%29%5En%5D-1%2Fi%281%2Bi%29%5En%5C%5C%5C%5CP%20%3D%20%242%2C154%20%5B%281%2B%280.051%2F12%29%29%5E30%2A12%5D%20-%201%20%2F%20%280.051%2F12%29%281%2B%280.051%2F12%29%29%5E30%2A12%5C%5C%5C%5CP%20%3D%20%24396%2C721.78)
Hence the value of principal is $396721.78
Learn more about Compound interest on:
brainly.com/question/18456266
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Answer:
what app?
Step-by-step explanation:
Answer:
the 000,000 part but at the end leave a 9