Let P = the value of the initial deposit.
Given:
A = 2,033.88, the current amount
r = 2.9% = 0.029, interest rate
n = 12, compounding interval
t = 9 years
Then

That is,
P(1 + 0.029/12)¹⁰⁸ = 2203.88
1.2978P = 2203.88
P = $1,698.17
Answer: $1,698.17
Answer:
A
Step-by-step explanation:
I don't really understand the numbers but if both X and Y are negative, then adding the 2 will result in a negative value. Multiplying 2 negative values will be positive, as will dividing them, and sometimes subtracting will too.
8/v-7=-5 add 7 to both sides
8/v=2 multiply both sides by v
8=2v divide both sides by 2
4=v
v=4
Answer:
37
Step-by-step explanation:
substitute 4 for x then multiply and add
y=5+8(4)
y=37
Answer:
X < -0.84
Step-by-step explanation: