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Fed [463]
3 years ago
10

PLEASE I NEED HELP, DUE IN 1hr!!!!

Mathematics
1 answer:
cricket20 [7]3 years ago
6 0

Answer:

$137,339.88

Step-by-step explanation:

Here is the equation for compound interest: A=P(1+(r/n))^nt

where A=amount of money, P=principal, r= rate in decimal, n=number of times compounded per t, and t=time

In this case:

A=$250,000

P= ?

r= 0.04

n= 12 month/yr

t= 15 yrs

You can manipulate the equation to solve for P:

P=A/[(1+(r/n))^nt]

Plug in variables then solve:

P= \frac{250,000}{(1+\frac{0.04}{12})^{12*15} }

P=137339.8761 = $137,339.88

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so first convert all the given costs to cents by multiplying each amount with 100 then add all of them to get the total as 600

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Step-by-step explanation:  

Step 1:  

If an angle is represented in degrees, it will be of the form x°.  

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0.3055 (\pi) =0.9599 radians.

So 55° is equal to 0.9599 radians.

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