Answer:
-2+2= 0
Step-by-step explanation:
he's incorrect bc 2 is greater than 0. so the sum is less than one of the numbers in the equation
The following compounding formula applies:
A = P (1+R/2)^2t
Where, A = Amount after 5 years = $26,000; P = Amount invested now; R = Annual rate of earning = 6% = 0.06; t = time = 5 years.
Substituting;
26000 = P(1+0.06/2)^2*5 = P(1.3439)
Therefore, P = 26000/1.3439 = $19,346.44
The correct answer is d.
The answer is D. Because you use the foil method
