Juan has $10 to spend. He needs $13 to purchase the supplies. Explain how to find the amount of money Juan is short.
2 answers:
You might be interested in
What is that $13,455.78? Something? I did this and got $13,122.76. Here's how I did it:
Use this formula
where A is the ending amount, P is the starting amount, n is the number of times it compounds a year, and t is the number of years. We have all we need to set it up:
First divide and add inside the parenthesis:
then multiply the exponents:
raise the value inside the parenthesis to the power of 260:
and finally multiply to get A = $13,122.76
Use this formula
First divide and add inside the parenthesis:
then multiply the exponents:
raise the value inside the parenthesis to the power of 260:
and finally multiply to get A = $13,122.76