3 years ago

Solve the system using subtraction

Mathematics

1 answer:

disa [49]3 years ago

8 0

The answer is x=9 I’ve just did this problem once you take 4x+5 you’ll get 8

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Determine the amount needed such that when it comes time for retirement, an individual can make monthly withdraws in the amount

DochEvi [55]

Lets solve the problem through compound interest formula,

The number of months are 360

The account pay interest rate is 5.1 %compounded monthly.

The amount withdraws each month is $2154

The value of n is 360.

The value of is<em> i</em> is 5.1%

So,

$P = A [(1+i)^n]-1/i(1+i)^n\\\\P = $2,154 [(1+(0.051/12))^30*12] - 1 / (0.051/12)(1+(0.051/12))^30*12\\\\P = $396,721.78$

Hence the value of principal is $396721.78

Learn more about Compound interest on:

brainly.com/question/18456266

#SPJ4

7 0

2 years ago