First simplify it so it would become -1 x^2 over 6 x^5
then you need to simplify the x's so do 5-3 so the final answer is -1 over 6 x^3
N = Number of years = 80 - 55 = 25
A = $400,000
r = 6% = 0.06
A = P(1 + r)^n
400,000 = P(1 + 0.06)^25 = P(1.06)^25 = 4.292P
P = 400,000 / 4.292 = $93,200
247,039 rounded to the ten thousand would be 250,000
Answer:
Nolan is correct.
Step-by-step explanation:
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