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Mathematics 16 Online
OpenStudy (anonymous):

Solve for P: 20000= P(1 + .071/12) ^120

OpenStudy (anonymous):

Can I solve this on a TI-86?

OpenStudy (anonymous):

yes

OpenStudy (anonymous):

how?

OpenStudy (anonymous):

What is (1 + .071/12) ^120 ?

OpenStudy (anonymous):

Then divide that by 20000 to get p

OpenStudy (anonymous):

2.03

OpenStudy (anonymous):

Would my answer then be 9852.22

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