So your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.
recall the formula for a compounded continously is
P×e^(r×t)
the answer is 7750×e^(.04×5)
x*x=152
x2=152
Take square root.
x=±√152
x=√238
or
x=−√238
It takes Owen 2 minutes to eat 1 carrot stick
Answer:I pretty sure it will be 12.5
I subtracted the total cost for the guitar by the money he already had and got 250
Then I did 250/20 and got 12.5
250 is the money that he still needs for the guitar
Hope it helps
