Please help me I don't get it
2 answers:
You might be interested in
So first, you get the absolute value to one side:
Next, set up two equations; One where the value inside the absolute value lines is positive, and another where it is negative, and solve both for the variable:
Your answers are 8 and -8, or +-8.
Next, set up two equations; One where the value inside the absolute value lines is positive, and another where it is negative, and solve both for the variable:
Your answers are 8 and -8, or +-8.
Answer:
$83,320
Step-by-step explanation:
The formula to apply here is;
where;
A=Amount at the end
P=the amount to invest/principal
r=rate of interest as a decimal
n=number of compoundings in a year
t=time in years
Given that;
A=$400,000
P=?
r=8%=0.08
n=2
t=20
Substitute values in equation
P=$83,320 (to the nearest dollar)