Using the formula of P(1 + r)^n = x where p represents the initial value, r represents the rate and n represents the number of years and x is our final output. We want to find P so we have to make it the subject of the equation.
1 + 0.04 = 1.04
1.04^18 = 2.025816515
Then divide the total amount by this to get 185,110.5454
Therefore the answer is $185,110.55
Hope this helps! :)
Answer:
The answer to your question is the first option.
Step-by-step explanation:
Slope is rise/run
5 up and 2 to the left 5/2
The slope is 5/2 :)
A sailboat travels 3 miles in 1.5 hours. How far does it travel in 2 hours.
= 3 miles / 1.5 hours
= 2 miles per hour
= (2 miles) * (2 hours)
= 4 miles in 2 hours.
So, in conclusion, if a sailboat travels 3 miles in 1.5 hours, it travels 4 miles in 2 hours.