Please help me with this sum
2 answers:
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Answer:
The principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Step-by-step explanation:
Given
- Accrued Amount A = $1000000
- Interest rate r = 6% = 0.06
- Time period t = 45 years
- Compounded monthly n = 12
To determine:
- Principle amount P = ?
Using the formula
substituting A = 1000000, r = 0.06, t = 45, and n = 12
$
Therefore, the principal investment required to get a total amount of $ 1,000,000.00 from compound interest at a rate of 6% per year compounded 12 times per year over 45 years is $ 67,659.17.
Given the expression:
Definition:
First, factor the -125. -125 comes from (-5)×(-5)×(-5) or (-5)^3.
Because if (-5)^2 = 25 then 25×(-5) again will be -125.
Since this is the cube root, we have to pull out 3 terms in one. There are 3 fives that we can take off and therefore,
For this case we have the following inequality:
We multiply both sides of the equation by -1.
By doing this, change the symbol of the inequality.
We have then:
From here, we clear the value of x.
We have then:
Answer:
The solution set is:
{x | x R, x < -12}
We multiply both sides of the equation by -1.
By doing this, change the symbol of the inequality.
We have then:
From here, we clear the value of x.
We have then:
Answer:
The solution set is:
{x | x R, x < -12}