Answer:
This isn't really an answer,but I used to use an app called "Photomath" it shows you the answer as well as the work.
Step-by-step explanation:
I= Prt
I= 25,000*0.005*6
I=215*6
I=1290
1290 is the interest.
Answer:
$ 6,189.18
Step-by-step explanation:
From the above question, we can deduce that we are meant to find the Principal (Initial Amount ) invested.
The formula for the Principal of a compound interest that is compounded continuously is given as:
P = A / e^rt
Where
P = Principal
A = Totally Amount after time t = $11,300
r = Interest rate = 4.3 % = 0.043
t = 14 years
P = $11,300/ e ^0.043 × 14
P = $ 6,189.18
Hence, Landon needs to invest, $ 6,189.18
Answer:
135
Step-by-step explanation:
Answer:
13
Step-by-step explanation:
where n is the number of terms, a1 is the first term and an is the last term. The sum of the first n terms of an arithmetic sequence is called an arithmetic series . Example 1: Find the sum of the first 20 terms of the arithmetic series if a1=5 and a20=62 .An arithmetic sequence is a sequence where the difference between any two consecutive terms is a constant. ... As with any recursive formula, the initial term of the sequence must be given. An explicit formula for an arithmetic sequence with common difference d is given by an=a1+d(n−1) a n = a 1 + d ( n − 1 ) .