The answer is 35 please rate me the brainlest answer
Answer:
Alright well just move all terms that don't contain x to the right side and solve
Exact form: 5/3
Decimal form: 1.6 Hope this helps :)
Step-by-step explanation:
<u>Answer-</u>
<em>$23377</em><em> must be deposited to get $68000 at the end of 30 years.</em>
<u>Solution-</u>
We know that for compound interest,

Where,
A = Future amount = $68,000
P = ??
r = 3.575% annual = 0.03575
n = 4 as interest is compounded quarterly
t = time in year = 30 years
Putting the values,




Therefore, $23377 must be deposited to get $68000 at the end of 30 years.