Answer:
No solution
Step-by-step explanation:
Before we start answering the question, let's define the compound interest formula:
Where:
<span>'A'</span> is the amount of money in dollars
'P' is the principal amount of money in dollars
'r' is the interest rate (decimal)
'n' is the number of times interest is compounded per year
't' is the time in years
<span>
(A) Find Principal Amount</span><u /><span><u>Given:</u>
</span>A = 12,000
P = ?
r = 0.08
n = 2 (semiannually)
t = 5
Now we plug our values in and solve:



∴ You would have to deposit $8106.77 in order to have $12,000 in 5 years from now.
(B) Find Principal AmountSame given values as above, with the exception of 't' which is now 10 instead of 5.



∴ You would have to deposit $5476.64 in order to have $12,000 in 10 years from now.
Hope this helps!
When simplified,letter A will be your answer.
4-7x=15
Answer: 56
Explanation: 28 pounds = 448 ounces
448/8=56
A reasonable number between 18 and 23 is 20. 69 minutes is 3 times 23 minutes, so we multiply the 20 by 3, getting an estimate of 60 cars.