You will need to use this formula:
Principal = Total ÷ (1 + Rate) ^ <span>years
</span><span>Principal = 35,000 / [1.08]^4
</span><span><span><span>Principal = 35,000 / 1.36048896
</span>
</span>
</span>
Principal =
<span>
<span>
<span>
25,726.04
</span>
</span>
</span>
So, you would have to deposit $25,762.04 @ 8 per cent to have 35,000 in four years.
3/11 = 3/11 × 100 % = 300/11 % = 27.2 %
Answer:
They are equivalent
Step-by-step explanation:
We can do cross products for this one
17/3 = 68/12
17 times 12 = 68 times 3
204 = 204
The pattern increases by 4, then 6, then 8
Since the rate is changing, the function has a square in it.
If you plug 1, 2, and 3 into the functions below,

is the one that works.
The answer is