Answer:3.08e
Step-by-step explanation:mujwjwieekedkd
The compound interest formula is : 
where, A= Future value including the interest,
P= Principle amount, r= rate of interest in decimal form,
t= number of years and n= number of compounding in a year
Here, in this problem P= $ 51,123.21 , t= 20 years and 2 months
So, t= 20 + (2/12) years
t= 20 + 0.17 = 20.17 years
As the amount is compounded daily, so n= (12×30)= 360 [Using the traditional Banker’s rule of 30 days per month]
Thus, 
When the interest rate is given, then we can use this equation for finding the future value.
Answer:
the value of FJ would end up being 10
Hi there!
Your question:
8.5 + 49(1-2.5k)=24.5
My answer:
8.5 + 4(1-2.5k) = 24.5 >>>>>>> first, you have to distribute
8.5 + 4 - 10k = 24.5 >>>>>>>> now, we are going to combine like terms.
12.5 - 10k = 24.5 >>>>>> now, we are going to subtract 12.5 on both sides
-10k = 12 >>>>>>>>> finally, divide -10 on both sides
k = -1.2
Hope this helps you!