niya130 niya130
  • 26-03-2018
  • Mathematics
contestada

Moxie wants to have $5000. How much money does she have to deposit in an account at 6% interest, compounded 3 times per year, in order to have $5000 at the end of 6 years

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oliviatrujillo0 oliviatrujillo0
  • 26-03-2018
$3500 at compounded 3 times annually for 6 years will give $5000.29 
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This is Josh’s solution for the equation x^2+12x+32=0: x^2+12x+32=0 x^2+12x=-32 x^2+12x+36=-32+36 (x+6)^2=4 x+6=4