Answer: 
Step-by-step explanation:
Given
Julien's parents want $64,000 at the end of 3 years
The rate of interest is 10% annually
Suppose they invested P amount initially
So, compound interest, compounded monthly is
![\Rightarrow A=P\left( 1+\frac{r}{n}\right)^{nt}\quad [\text{n=Numner of compounding periods}]\\\\\text{Insert the values}\\\Rightarrow 64,000=P\left( 1+\frac{0.10}{12}\right)^{12\times 3}\\\\\Rightarrow 64,000=P\left( 1+\frac{10}{12}\right)^{36}\\\\\Rightarrow P=\dfrac{64000}{1.3481}\\\\\Rightarrow P=\$\ 47,471.37\approx \$ 47,471](https://tex.z-dn.net/?f=%5CRightarrow%20A%3DP%5Cleft%28%201%2B%5Cfrac%7Br%7D%7Bn%7D%5Cright%29%5E%7Bnt%7D%5Cquad%20%5B%5Ctext%7Bn%3DNumner%20of%20compounding%20periods%7D%5D%5C%5C%5C%5C%5Ctext%7BInsert%20the%20values%7D%5C%5C%5CRightarrow%2064%2C000%3DP%5Cleft%28%201%2B%5Cfrac%7B0.10%7D%7B12%7D%5Cright%29%5E%7B12%5Ctimes%203%7D%5C%5C%5C%5C%5CRightarrow%2064%2C000%3DP%5Cleft%28%201%2B%5Cfrac%7B10%7D%7B12%7D%5Cright%29%5E%7B36%7D%5C%5C%5C%5C%5CRightarrow%20P%3D%5Cdfrac%7B64000%7D%7B1.3481%7D%5C%5C%5C%5C%5CRightarrow%20P%3D%5C%24%5C%2047%2C471.37%5Capprox%20%5C%24%2047%2C471)
They need to sell 33, unless you round it up then 34.
Hello!
To solve this question, we must first add the exponent into the number 7 before multiplying it by the number 6.
7 to the second power simply means 7x7.
7x7= 49
Now that the exponent is in the equation, we can multiply 49 by 6 to find your final answer.
6 x 49 = 294
I hope this helps answer your question! Have a great day!
-MMMski
2 lines intersect at one point and stop there to form an L shaped angle they also form a square when you combine another right angle and they measure 90 degrees. Hope this helps!
1 kilo gram is 1000 grams. 1 gram is 1000 milligrams. Think you can solve the rest? :)
