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jjiopppotdd5638
20.09.2019 •
Mathematics
If 11,100 is invested at 3.1 percent interest compounded monthly, how much will the investment be worth in 19 years?
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Ответ:
A=P(1+r/n)^(nt)
Where A represents the amount of money in the account after t years, P is the principal (investment), n is the number of compoundings per year, and r is the interest rate in decimal form.
P=11,100
r=.031
n=12 (monthly)
t=19
A=11,100(1+.031/12)^(12*19)
A=11,100(1+. 002583)^(228)
A=11,100(1.002583)^(228)
A=11,100(1.80082)
A=$19,989.10
Ответ:
3(m+3) = 3m - 9
3m+9 = 3m-9
9 = -9???
clearly, this does not work, so there are NO SOLUTIONS.
Let me know if this helps!