Deposit: = $600 on 1st April
Futher Depost = $200 on1st July
Interest rate = 2.60% per annum
Compounded = quarterly
Answer:
x = -180
Step-by-step explanation:
0 = 0.65x + 117
-117 = 65x/100
cross-multiply to solve for 'x':
65x = -11700
x = -11700/65
x = -180
Answer:
ok? whats the question Imao
Step-by-step explanation:
Answer: it cant even be factored
Step-by-step explanation:
The formula is
A=p (1+r/k)^kt
A fund needed 30000
p Amount invested?
R interest rate 0.1
K compounded semiannual 2
T time 1 year
Solve the formula for p to get
P=A÷(1+r/k)^kt
P=30,000÷(1+0.1÷2)^(2×1)
P=27,210.88
