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
Add 10 to both sides. X is 2. A.
Answer:
There is not enough information to answer this question
Step-by-step explanation:
Answer:
(1, 2)
Step-by-step explanation:
Subtract the second equation from the first:
(y) -(y) = (6x -4) -(-x +3)
0 = 7x -7 . . . . . simplify
0 = x - 1 . . . . . . divide by 7
1 = x . . . . . . . . . add 1
y = -1 +3 = 2 . . . substitute into the second equation
The solution is (x, y) = (1, 2).
Answer:
In the first box, put 24y
In the second box, put 16
Step-by-step explanation:
3y x 8 = 25y
8 x 2 = 16
<em>Hope that helps! :)</em>
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