Answer:
$90,962.66
Step-by-step explanation:
The formula for this is, where V = amount after t years:
V = P(1 + r/n)^nt where P is the amount invested, r = the rate as a decimal fraction, n is the number of times interest compounded each year and t = the number of years.
Here, V = 340,000, r = 0.07, n = 4 , t = 19 and P is to be found.
340,000 = P(1 + 0.07/4)^(4*19)
340,000 = P( 1.0175)^76
P = 340,000 / (1.0175^76)
P = $90,962.66
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Product meaning multiplication of numbers, and your numbers are: n to the third which is an exponent, therefore n^3. And the other number is 6 so put that together and get n^3 * 6. Now the word decreased by means that the number after by is being subtracted from the prior number, so that means:
n^3 * 6 - y
or you can use parenthesis to make this clearer.
(n^3 * 6)-y
Answer:
4/8 is left in the glass ;)
There would be $4 per lb. hope this helps