Answer:
$ 50,340.97
Step-by-step explanation:
From the above question, we can deduce that we are to find the Initial amount invested which is also called the Principal.
The formula to find Principal in a compound interest question is:
P = A / (1 + r/n)^nt
Where:
A = Total Amount obtained after invested = $80,000
r = Interest rate = 3.1% = 0.031
n = number of times interest in compounded = Quarterly = 4
t = time in years = 15
P = $80,000/(1 + 0.031/4)^4 × 15
P = $80,000/(1 +0.00775)^60
P = $ 50,340.97
Hence, James would have to invest $50,340.97 today to have $80,000 in 15 years.
Answer: The statements include information about each transaction, including transaction-related fees, and beginning and ending account balances. The bank must provide quarterly statements even if no EFTs occurred.
Step-by-step explanation: hope it helps
(_/18+2_/3)^(2
=(3_/2^(2 + (2)(2_/3)(3_/2) + 2_/3^(2)
=18+ 12_/6 +12
=30+12_/6
hope this helps
Plug in 2 for x. f(20=2-51 = -49
Answer:
B=![\left[\begin{array}{ccc}0&0\\0&1\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D0%260%5C%5C0%261%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Step-by-step explanation:
Let's do the multiplication AB.
If A=![\left[\begin{array}{ccc}1&0\\0&0\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D1%260%5C%5C0%260%5C%5C%5Cend%7Barray%7D%5Cright%5D)
then the first row of A is= (1 0) by the first column of B= (0 0) is equal to zero.
the first row of A is= (1 0) by the second column of B= (0 1) is equal to zero too because 1.0+0.1=0.
the second row of A is= (0 0) by any colum of B is equal to zero too.
So we have found an example that works!