Answer: he should invest $16129 today.
Step-by-step explanation:
Let $P represent the initial amount that should be invested today. It means that principal,
P = $P
It would be compounded annually. This means that it would be compounded once in a year. So
n = 1
The rate at which the principal would be compounded is 7.6%. So
r = 7.6/100 = 0.076
The duration of the investment would be 6 years. So
t = 6
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years.
A = 25000
Therefore
25000 = P(1+0.076/1)^1×6
25000 = P(1.076)^6
25000 = 1.55P
P = 25000/1.55
P = $16129
Answer:c=24n
Step-by-step explanation:
C~n
C=no
96=4k
Divide both sides by 4
96/4=4k/4
24=k
K=24
Our equation is c=24n
Answer:
b^-6
Step-by-step explanation:
(b^-2) / (b^4) = b^(-2 - 4)
Answer:
2(3x+6), 6(x+2), and 3(2x+4)
Step-by-step explanation:
Answer:
Neither perpendicular or parallel
Step-by-step explanation:
The y-intercept would not be the same, and the slope would be different. That means that line wont be parallel, or perpendicular.
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