To have 50,000 in 5 years, how much should you invest if the compound interest is 5%?
1 answer:
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Answer:
Sally ends at 3 feet below zero point.
Step-by-step explanation:
Let be the height with respect to zero point, which is represented by the following sum:
Where:
- i-th travelled height, measured in feet.
In addition, positive sign means ascension, whereas negative sign means descent.
The statement can be translated into the following mathematical identity:
Sally ends at 3 feet below zero point.