20,000 = P ( 1 + 0.1 )^4
20,000 = P * 1.1^4
20,000 = P * 1.461
P = 20,000 : 1.461 ≈ $13,689.25
Answer: Miranda needs to put now in the bank $13,689.25
1. X + 5
2.15-15
3. C= ( 3x9.95)+(2x14.98)
4.?
5. 12,000+500x ?idk
I beileive he inherited 1,176.45 i tried to put my work on here but i couldnt find a way that it would make sense
Answer:
$1015.11
Step-by-step explanation:
Compounded interest rate formula: A = P(1 + r/n)^t
Step 1: Plug in known variables
A = 1000(1 + 0.005/12)^36
Step 2: Multiply it all together
1000(1.00042)^36
1000(1.01511)
1015.11
This is a pretty bad bank considering only giving you .5% interest per month.
To get the biggest possible number, use all the symbols at once. 1000+100+10+9+8+7+6+5+4+3+2+1=what?
