The value would be 28,000*(1-0.0725)*(1-0.0725)*(1-0.0725)*(1-0.0725)*(1-0.0725)
which is 28,000*0,9275

which equals 28,000*0.6863=$19,219
Answer:
x = 1.434 and x=0.232
Step-by-step explanation:
To find the root of the equation stated above we need to:
(1) Write the polynomial equation with zero on the right hand side:
⇒ 
(2) Divide the whole equation by 3
⇒ 
(3) Use the quadratic formula to solve the quadratic equation:
The quadratic formula states that the two solutions for a quadratic equation is given by:
(1)
In this case, a = 1, b = 
Substituiting a, b and c in equation (1) We get:
(1)
The two solutions are:
x = 1.434 and x=0.232
Answer:
3
Step-by-step explanation:
Hope This Helps :)
Plz Mark Brainliest !
Answer:
Step-by-step explanation:
6x+3x= -2
9x= -2
x= -2/9
Step-by-step explanation:
if I understand correctly, then he bought a CD with a balance of c and an annual interest rate of 6%.
now, after this one year the CD is worth (the account balance is) c + 6% = 100% + 6% = 106% = 1.06×c