We can set up this equation using this formula:
a = p(1 + r/n)^nt
p = starting amount.
r = interest.
n = number of times it's compounded in a year
t = years
We'd set it up like this:
a = 50(1 + ?/1)^1(12)
Because we're missing the amount of interest, it would be impossible to tell what the amount would be after 12 years.
Plug 50 into y and find x.
5x + 10 (50) = 800
5x + 500 = 800
5x = 800 - 500
5x = 300
x = 300 ÷ 5
x = 60
Answer:
4
Step-by-step explanation:
Answer:
6,666$
Step-by-step explanation:
Because there are 12 months in a year u just have to divide 80,000 by 12.
Got chu :)
