<u>Answer-</u>
He needs to put $10345 in the account today, in order to get 15000 in five years.
<u>Solution-</u>
We know that,

Where,
A = future value of the investment with interest = 15000
P = principal investment amount
r = annual interest rate (decimal) = 7.5% = 0.075
n = number of times that interest is compounded per year = 4
t = the number of years the money is invested = 5
Putting the values,


It’s really easy all you have to do is plug in the numbers
(In order)
-1, 1, 3, 5, 7, 9
Answer:
x=4
Step-by-step explanation:
1. distributive property
2. combine like terms
3. inverse operation
4. division or multiplication property