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natalie2sheffield
01.07.2020 •
Mathematics
Determine the amount of money you need to invest to have $26,000 dollars in 3 years if you invest it at 2.5% annual interest, compounded monthly.
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Ответ:
$24123.20
Step-by-step explanation:
Remember your compounded interest rate formula: A = P(1 + r/n)^nt
Step 1: Write in known variables
26000 = P(1 + 0.025/12)^36
Step 2: Solve for P
26000 = P(1.0778)
P = 26000/1.0778
P = 24123.2
And we have our final answer!
Ответ:
waffles with syrup fresh strawberry's and some orange juice
Step-by-step explanation: