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Trava [24]
2 years ago
5

SImplify the equation .. PLS HELP ME

Mathematics
2 answers:
ASHA 777 [7]2 years ago
8 0

Answer:

the answer would be: -27bk

10 goes on top of the b

4 goes on top of the k

Georgia [21]2 years ago
6 0

Answer:

reeee

Step-by-step explanation:

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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

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Using the formula

A\:=\:P\left(1\:+\:\frac{r}{n}\right)^{nt}

P\:=\frac{A}{\left(1\:+\:\frac{r}{n}\right)^{nt}}

substituting A = 1000000, r =  0.06, t = 45, and n = 12

P\:=\frac{1000000}{\left(1\:+\:\frac{0.06}{12}\right)^{12\cdot 45}}\:

    =\frac{1000000}{1.005^{540}}

P = 67659.17 $

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.

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