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= 
P=137339.8761 = $137,339.88
Yes.
For example, the LCM of 12 and 36 is 36, because factoring these numbers gives
12 = 2^2 * 3
36 = 2^2 * 3^2
So, to match them, just multiply the twelve by 3, then they're both 36.
Answer:
Step-by-step explanation:
d
Answer:
D. 4 hundredths
Step-by-step explanation:
Hello!
The second digit after the decimal point is 4 is shown by
0.04
The points after a decimal point go tenths, hundredths, thousandths etc.
The answer is D. 4 hundredths
Hope this helps!
-7.5 / -2.5 = 3
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