Anybody know the answer??
1 answer:
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Let's call the number we're looking for . We know that
is twice as much as
.
Twice as much as a number simply means the double of that number, and in turn the double of a number means to muliply that number by 2.
So, in order to obtain , you have to multply
by 2. In formula, you have
or simply
Answer:
A = 3000(1 + .06/12)^120
strange the question did not want you to calculate the amount
that was given....
the interest is 5,458.19 - 3000 = 2,458.19
Step-by-step explanation: