Answer:
$28360
Step-by-step explanation:
Step one:
Given data
P=20000
rate= 6%
time= 6years
Step two:
compound interest
A=P(1+r)^t
substitute
A=20000(1+0.06)^6
A=20000(1.06)^6
A=20000*1.418
A=$28360
Isolate the z. Note the equal sign. Subtract 1/7z to both sides
1/7z (-1/7z) + 2 = -6/7z (-1/7z)
2 = -6/7z - 1/7z
Simplify. Combine like terms
2 = -7/7z
2 = -1z
Isolate the z. Divide -1 from both sides
(2)/-1 = (-1z)/-1
z = 2/-1
z = -2
-2 is your answer
hope this helps
Answer:
The calculated value is "0.214"
Step-by-step explanation:
Given expression :

solution:
