Answer:
$ 50,340.97
Step-by-step explanation:
From the above question, we can deduce that we are to find the Initial amount invested which is also called the Principal.
The formula to find Principal in a compound interest question is:
P = A / (1 + r/n)^nt
Where:
A = Total Amount obtained after invested = $80,000
r = Interest rate = 3.1% = 0.031
n = number of times interest in compounded = Quarterly = 4
t = time in years = 15
P = $80,000/(1 + 0.031/4)^4 × 15
P = $80,000/(1 +0.00775)^60
P = $ 50,340.97
Hence, James would have to invest $50,340.97 today to have $80,000 in 15 years.
Answer:
That means that each water is $2.50, das crazy tho
Step-by-step explanation:
Answer:
44u-36
Step-by-step explanation:
Apply the distributive property.
−6(−7u)−6⋅6+2u
Multiply −7 by −6.
42u−6⋅6+2u
Multiply −6 by 6.
42u−36+2u
Add 42u and 2u.
44u-36
530,000 candles were produced by the factory (rounded of course!) in that month.
Hope this helps!
