Answer:
8.5 pounds
Step-by-step explanation:
$ 1.78 - 1 pound
$ 15.21 - 15.21/1.78
= 8.5
Answer:

Step-by-step explanation:
Considering the expression

Lets determine the expansion of the expression




Expanding summation








as





so equation becomes


Therefore,
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
the correct answer is -448