Answer:
Step-by-step explanation:
5 is the base
2 is the exponent
Answer:
56
Step-by-step explanation:
80 x (7 / 10) = 56
Answer:
15
Step-by-step explanation:
6/10=9/x
cross multiply
6x=9*10
6x=90
x=90/6x=15
For this, we have to calculate how much money has to be invested at 2.3% interest compounded continuously to achieve $41,000 after 17 years
Formula: A= P * ( 1+r)^t
A= $41,000
r=0.023
t= 17
<span>41,000= P * (1+0.023)^17
</span>41,000= P * (1.023)^17
41,000= P * 1.4719
P= 41,000 : 1.4719
P= $27,731.59
Therefore, the answer is C. $27,731.59
I checked by doing the opposite, and I got $41,000.01, which is the closest to the question<span>
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