Answer:
P = $41,820.01
Step-by-step explanation:
A = P(1 + r/n)^nt
P = A / (1 + r/n)^nt
Where,
P = principal
A = future value = $50,000
n = number of periods = 4
r = interest rate = 6% = 0.06
t = time = 3 years
P = A / (1 + r/n)^nt
= 50,000 / (1 + 0.06/4)^4*3
= 50,000 / (1 + 0.015)^12
= 50,000 / (1.015)^12
= 50,000 / 1.1956
= 41,820.01
P = $41,820.01
Answer:D. The atmosphere of Mars is twice as thick as scientists predicted it would be.
Step-by-step explanation:
Product of 3 negatives equals a negative answer
Product of 3 positives equals a positive answer
