Compound interest formula = a=P(1+r/n)^nt
P= lump sum to deposit (solving for)
A= amount accumulated over the entire time (20000)
n= number of times interest is compounded annually (1)
r= rate of interest (0.82)
T= total number of years (15)
20000=P(1+0.082/1)^1*15
20000=P(1.082)^15
20000=P(3.26143638)
20000/3.26143638=P
P=$6132.2674
Answer:
i
Step-by-step explanation:
i means imaginary because whatever you try you can't get a number which squared gets a negative number.
Answer:
The answers are in the picture
Step-by-step explanation:
It's A.
8 1/2 ÷12 3/4 × 100 = 66.66667%
100% - 66.66667% = 33.33333%
This wasn't an option, but the closest estimate to this is: 30%, so it's A.