To pay for new machinery in 5 years a company owner invests $10000 at 7.5% compounded quarterly. How much money will be availabl
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The value of m is 8.
<h3>What is Exponents and powers?</h3>The amount of times a number has been multiplied by itself is shown by its exponent. The result of multiplying 8 by itself n times is represented as follows:
8 x 8 x 8 x 8 x …..n times =
Given:
Now, solving for m
= 16
=
Taking the quad root we have
m -4 = 4
m = 4+ 4
m = 8
Hence, the value of m is 8.
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