For this case we have the following equation:
P (t) = P (1 + r / n) ^ (n * t)
Where,
P: initial investment
r: interest
n: periods
t: time
she will take on her 45th birthday:
for t = 25:
P (25) = 1000 * (1 + 0.0165 / 4) ^ (4 * 25)
P (25) = 1509.31 $
Answer:
The future value of this investment when she takes her trip is:
P (25) = 1509.31 $
The answer is A: 4. This is easy once you know the order of operations, aka PEMDAS. Parentheses, exponents, multiplication/division, and addition/subtraction.
Answer:
X = 9 or x = -9
Step-by-step explanation:
We want to solve the quadratic equation
We shall use the square root method
Let us add 4 to both sides to get:
We take square to get:
The solution is x=9 or -9
Answer:
26 2/3
Step-by-step explanation: