256,000-2.56*100,000
Since there are 6 digits in 256,000, it is 2.56*100,000 becuase 100,000 also has 6 digits.
2.56*100,000=2.56*10^5
Since there are 5 zeroes in 100,000, it is 10^5.
256,000=2.56*100,000=2.56*10^5
First box: 100,000
Second box: 5
The answer to 3/4 divided by 5/6 = 9/10
The answer is C, 2/3. 1, 3, 5, 6, 7, 9, 11, and 12 are possible draws. 8/12 is equal to 2/3!
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.
