A=P1+r)^n P=200000, r=0.15 and n= 4 years.At the end of4 years A is what
what are the formulas to finding P's?
just substitute and evaluate A = 200000(1 + 0.15)^4
P=$20000
how would I do that
so what is the answer
use the calculator... I've only shown you what and how to calculate it
and A is the future value of the investment.... its you are using the compound interest formula
did you get an answer..?
cant you even use a calculator :D
reading this textbook will help you in your future "investment" problems http://finedrafts.com/files/Larson%20PreCal%208th/Larson%20Precal%20CH3.pdf pp. 221 and for simpicity http://www.purplemath.com/modules/investmt2.htm beyond this, no further help may be offered, but a suggestion of perhaps taking remedial classes on introductory algebra might be appropriate
I can use calculator but that is why I am on her to help get the answer
reading is crucial, even in math...
ok but you cannot help me with the answer
ask your teacher or professor to help you find the answer for the finals and see what sort of response you will get :)
I hae done that in process of getg them
i suggest closing this as you will not get any more help here :D
Join our real-time social learning platform and learn together with your friends!