To find the total amount
The formula is
A=p (1+r)^t
A total amount?
P present value 1050
R interest rate 0.06
T time 25 years
A=1,050×(1+0.06)^(25)=4,506.46
Interest amount
I=A-p
I=4,506.46−1,050
I=3,456.46
Answer: 16 percent
Step-by-step explanation:
Answer:
x = ±2sqrt(2)
Step-by-step explanation:
x^2 = 8
Take the square root of each side
sqrt(x^2) = ±sqrt(8)
x = ±sqrt(4*2)
We know that sqrt(ab) = sqrt(a)sqrt(b)
x = ±sqrt(4)sqrt(2)
x = ±2sqrt(2)