Are you rounding to the nearest 100’s place?
I don’t know the answer but i wish you the best of luck!
There you go. Let me know if you have questions
Answer:
n=15
Step-by-step explanation:
subtract 8 from both sides to get 3n=45
divide both sides by 3 to solve for n to get n=15
Answer:
d. $10,234.80
Step-by-step explanation:
we are given
The equipment will cost $26,000
so, Amount is $26000
A=26000
should be invested today at 12%
r=12%=0.12
It is compounded semiannually
so, n=2
t=8
now, we can use formula

now, we can plug values

now, we can solve for P
