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The money can be withdrawn from the account every two months for the next 6 years is $20, 625, 000
<h3>What is compound interest?</h3>
The formula for compound interest is given as;
P = principal interest = $25, 000
r = rate = 4. 5%
n = 2 months
t = 6 years
A =
A =
A =
A = $20, 625, 000
Thus, the money can be withdrawn from the account every two months for the next 6 years is $20, 625, 000
Learn more about compound interest here:
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Answer:
An old bone contains 80% of its original carbon-14 in 1844.6479 years
Step-by-step explanation:
We know that
half life time of C-14 is 5730 years
so, h=5730
now, we can use formula
we can plug back h
and we get
An old bone contains 80% of its original carbon-14
so,
P(t)=0.80Po
we can plug it and then we solve for t
So,
An old bone contains 80% of its original carbon-14 in 1844.6479 years