Answer:
I disagree, because 26540 is bigger then 50
Hey there!
y-12=20
Add 12 to both sides. (do the inverse of subtraction, which is addition)
y=32
Check answer.
32-12=20 <=== checks out :)
I hope this helps!
~kaikers
Adam should invest $15516 after 18 years.
<u>Explanation:</u>
Given:
Amount(18) = $20000
Rate of Interest, r = 1.41%
Time, t = 18 years
n = 365 (compounded daily)
General equation of amount that is compounded daily:

Solving for A₀:

Substituting the values:

Therefore, Adam should invest $15516 after 18 years.