Answer:
P = $2448.89
P ~= $2,449
He need to deposit $2,449
Step-by-step explanation:
Given:
Interest rate r= 7% = 0.07
Number of years n = 3 years
Future value that should be meet A = $3000
We need to calculate the initial investment (Principal P). Using the compound interest formula:
A = P(1+r)^n
P = A/(1+r)^n
Substituting the values of A, r, n, we have;
P = 3000/(1+0.07)^3
P = $2448.89
P ~= $2,449
Answer:
r ≥ -9
Step-by-step explanation:
Answer:
how long is the silde ti the nearest foot?
129
Answer:
12 3/4 hours
Step-by-step explanation:
Jack spends 1 1/2 times as long on his homework as Jill .
Jill spends 8 1/2 in doing his home work .
Time spent by jack in doing his homework is jacks time multiplied by Jill’s
That’s
1 1/2 x 8 1/2
Change to improper fractions.
We have,
3/2 x 17/2
Multiply through
51/4 = 12 3/4
Jack spends 12 3/4 hours in doing his homework
Answer:
multiply 2 by b to get d
Step-by-step explanation:
