Answer:
Formula: Future value of annuity
In 20 years: $249,875
Total Interest: $99,875
Step-by-step explanation:
Use the formula for future value:
FV =
P = $6,000
r = 0.04
n = 1
t = 25
FV =
FV = $249,875
To find the total interest earned, first find the total value of the deposit payments:
$6,000 annual payments for 25 years = 6,000 • 25
= $150,000
(I copied that explanation from somewhere else so its a little messed up. I just couldn't explain it properly. Hope this helps!)
The answer is 8,750 You have to use muliplacation.
Answer:
If you mean the opposite.
The opposite of subtraction is addition.
So plus 16. (+16)
Logarithmic function is the inverse of the exponential function. The logarithmic function that is equivalent to 2⁵ = 32 is log₂32=5.
<h3>What is the Logarithm function?</h3>
A log function is a way to find how much a number must be raised in order to get the desired number.
can be written as
where a is the base to which the power is to be raised,
b is the desired number that we want when power is to be raised,
c is the power that must be raised to a to get b.
Given to us
2⁵ = 32
As we know that we can convert a number powered to another number therefore exponential function into a log function, thus,
Hence, the logarithmic function that is equivalent to 2⁵ = 32 is log₂32=5.
Learn more about Logarithmic function:
brainly.com/question/7302008