A bank offers a savings account that accrues compound interest quarterly at a rate of 4%. What is the initial amount needed in t
his account so that after 8 the account has a total of 439?
Please help!!! I need the equation and the answer itself
Please help!!! I need the equation and the answer itself
1 answer:
You might be interested in
he formula of a distance between a point (a, b)
and a line Ax + By + C = 0:
We have the point A(-1, 7) → a = -1, b = 7
and the line y = 3x → 3x - y = 0 → A = 3, B = -1, C = 0.
Substitute: