Answer:
$137,339.88
Step-by-step explanation:
Here is the equation for compound interest: A=P(1+(r/n))^nt
where A=amount of money, P=principal, r= rate in decimal, n=number of times compounded per t, and t=time
In this case:
A=$250,000
P= ?
r= 0.04
n= 12 month/yr
t= 15 yrs
You can manipulate the equation to solve for P:
P=A/[(1+(r/n))^nt]
Plug in variables then solve:
P=
P=137339.8761 = $137,339.88
Answer:
b = 10
Step-by-step explanation:
The area (A) of a triangle is calculated as
A = bh ( b is the base and h the height )
Here h = 3x + 15 and A = 15x + 75, thus
× b × (3x + 15) = 15x + 75
Multiply both sides by 2 to clear the fraction
b(3x + 15) = 30x + 150
Divide both sides by (3x + 15)
b = ← factor numerator and denominator
= ← cancel the factor (x + 5) on numerator/denominator
=
= 10