Ryan invests a sum of money in a savings account with a fixed annual interest rate of 4.31% compounded 12 times per year. After
10 years, the balance reaches $12,855.94. What was the amount of the initial investment?
1 answer:
12855.94 = (1 + .0431/12) 12(10)
8361 = P Hope this helps!
You might be interested in
Answer:
1/4 +m = 2/3
Step-by-step explanation:
Answer:c
Step-by-step explanation:
hyp=6
adj=6
hyp:adj=6
:2
hyp:adj=

Answer:
70.2 x 10=702.
6.702 x 10=67.02
7.02 x 100=70.2
7.02 x 10=70.2
Step-by-step explanation:
I hope this help! :)
<span> (5^3)^−2 = 5^-6 = 1/(5^6)
................................................</span>
Answer:
B
Step-by-step explanation: