The answer is z = 4 because of you put 4 into the equation it equals to 100
Si it is a linear eqaution
Answer:
1. $361800
Step-by-step explanation:
Given,
principle balance=$670
interest rate=8%

A= Final amount
P= initial Principal balance
r= interest rate
n= number of times interest applied per time period
t= number of times period elapsed
compound interest formula,
Therefore the Present value is $361800