You need a compound interest formula solved for principal:
Principal = Total ÷ (1 + Rate)<span> ^ years
</span><span>
Principal = 40,000,/ (1.056) ^ 4
</span><span><span><span>Principal = 40,000 / 1.2435282985
</span>
</span>
</span>
Principal =
<span>
<span>
<span>
32,166.54
</span>
</span>
</span>
So, 32,166.54 deposited for 4 years at 5.6% interest (compounded annually) produces $40,000.
Source:
http://www.1728.org/compint2.htm
Answer:
okok so the anwser is 1+1
Step-by-step explanation:
1 and add another is 2
boom.
:)
Answer:
you should know that the right angle equals 90 degrees. you need to add the 90 to the 39 degrees. Then with that answer subtract by 180 since the angles of a triangle equals 180 degrees.
Step-by-step explanation:
What was the beginning number is his account?
