Answer:
we should multiply by 6 to get rid of the fractions in problem
See attachment for math work and answer.
5^25 = 5 * 25^12 = 5 * 625^6 = 1220703125. Making an even power and squaring the value to divide the power by 2 reduces the time and just enter it in a calculator.
Answer:
Present value of contributions is $24,106.15
Step-by-step explanation:
Weekly rate=9%/52weeks= 0.173%
Weekly contributions $50
Number of weeks=20years×52weeks=1040
Present value of contribution=$50(1-[(1+9%/52)^-1040 /(9%/52)
Present value of contribution= $24,106.15
Answer:
steps 3 went wrong
Step-by-step explanation:
the quadratic is
(-b +/- √ ( b^2 - 4ac) )/2a
-52 + √( 2704 +2772) /-14
-52 +74) / -14 = -22/14 = -11/7
-52 -74 / -14 = -126/-14 = 9