How to find the account balance

Mathematics

1 answer:

CaHeK987 [17]2 years ago

4 0

9514 1404 393

Answer:

$163,002

Step-by-step explanation:

If you're working problems of this sort, you have been shown formulas and examples. Use the appropriate formula with the numbers of this problem.

For the formula below, you have d=3000, r=0.045, k=4, N=11

P = (3000)(1 -(1 +0.045/4)^(-11·4))/(0.045/4) ≈ 163,002

The account needs to hold about $163,002 to make this possible.

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Ln(1/e^2) without calculator

castortr0y [4]

Once you remember the definition of a log, the answer to this question will literally fall out of your pencil.

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Isn't 1/e² the same thing as e⁻² ?

So, in order to get 1/e² , you have to raise ' e ' to the -2 power .

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Brut [27]

Answer:

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Step-by-step explanation:

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