2.86 the negatives will cancel it self den u divide it
Answer:
We get the value of Principal amount i.e initial investment = $61640
Step-by-step explanation:
Interest rate r = 3.59% or 0.0359
Compounded quarterly n = 4
Future Amount A = 117,300
Time t = 18 years
We need to find initial investment i,e Principal Amount P
The formula used is: 
Putting values and finding P

So, We get the value of Principal amount i.e initial investment = $61640
Juan paid 70.16 % of the original price of the jacket.
Step-by-step explanation:
Step 1:
Given details, Original Selling Price of the jacket = 85.50
New Selling Price of the jacket = 59.99
Step 2:
To determine what percentage of the old price is the new price, we have to use percentage calculation.

Step 3:
Substitute in the formula, the given values
x = 
= 
= 
Therefore, percentage paid is 70.16%
I think the answer is 1x+3=7