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Korvikt [17]
2 years ago
12

How much money would you need to deposit today at 7% annual interest

Mathematics
1 answer:
Monica [59]2 years ago
4 0

Answer:

$33,090.

Step-by-step explanation:

The formula is A = P( 1 + r/2)^2n so we have:

50,000 = P(1 + 0.07/2)^(6*2)

50000 = P * 1.035^12

P = 50000/ 1.035^12

= $33,090 to the nearest dollar.

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Step-by-step explanation:

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3 years ago
Mary is serving pizza at her party. Including her parents, there are 25 people. Each person will get two slices of pizza and a g
lianna [129]

Answer:

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Step-by-step explanation:

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3 years ago
A bakery bakes 26 batches of 69 cupcakes each week. How many individual cupcakes do they make each week
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Answer:

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3 years ago
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