Damagingawsomeness2
03.11.2019 •
Mathematics
Invested in a mutual fund and at the end of 20 years he has $14,300 in his account. if the mutual fund returned an average yield of 8%, how much did he originally invest
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Ответ:
He originally invested $3,068.04
Step-by-step explanation:
This question is basically asking for Present value (PV) of one-time cashflow.
Present value formula ; PV =
$14,300 received 20 years from today is a future value so that will be your FV.
FV= 14300
t = 20 years
rate ;r = 8% or 0.08 as a decimal
PV =
PV=14,300 /4.66095714
PV= 3,068.03937
Therefore he originally invested $3,068.04
Ответ:
0=3x^2+17x-160
Step-by-step explanation:
Area = Width × Length
Width = x + 5
Length = 3x + 2
(x + 5) × (3x + 2)
use rainbow method
3x × x = 3x^2
3x × 5 = 15x
2 × x = 2x
2 × 5 = 10
3x^2 + 17x + 10 = 170
subtract 170 from both sides
3x^2 + 17x + 10 - 170 = 0
0 = 3x^2 + 17x - 160