Answer:
not a linear equation
Step-by-step explanation:
its a quadratic equation bcz whenever the power of variable exceeds 1 it is not a linear equation then. even if we plot a graph by assuming values of x we will see a curve is forming hence not a linear equation
You can solve this by setting up a proportion. 4/6 = x/9. Cross multiply to get 6x=36. Divide both sides by 6 to get x=6.
So what this is is
many words
assuming year 0 is 2017
so compound first thing till 2020, take out 30000
the remaining is copmpounded til 2022, take out 50000
remaining is compounded for 1 more year and that is equal to 80000
so from 2017 to 2020, that is 5 years
from 2020 to 2022 is 2 years
from 2022 to 2023 is 1 year
work backwards
A=P(r+1)^t
last one
A=80000
P=?
r=0.08
t=1 year
80000=P(1.08)^1
divide both sides by 1.08
I would leave in fraction
20000000/27=P
now that is the remaining after paying 50000, after 2 years of compounding
so
50000+(2000000/27)=P(1.08)^2
solve using math
about
106374=P
now reverse back
5 years
paid 30000
30000+106374=P(1.08)^5
solve using math
92813.526=P
round
$92813.53
put $92813.53 in the fund
Step-by-step explanation:
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Answer:
Step-by-step explanation:
hope this helps you.
