To solve the problem we use the compound formula given by:
A=p(1+r/100)^n
where:
A=future amount:
p=principle
r=rate
A=1000000, r=11.6%, n=40
plugging the value in the formula we get:
1000000=p(1+11.6/100)^40
solving for p we get:
1000000=80.6432p
p=12400.300
rounding to the nearest 1000 we get
p=$12000
Answer:
<span>A.) 12,000</span>
Answer:
da one in the middle and i do relize this is a test becuse i just took it.
Step-by-step explanation:
F(4) value is 6.
I believe it would work like this:
f(x) is being turned into f(4), so 4 would equal x. Put 4 into the equation 3x-6, and you get 12-6, which gives you 6. So the value of f(4) is 6. I hope this helps!