Question

WILL AWARD MEDAL!
Can anyone solve this? 675.54=P(1+0.025/2)^2(11)?

Answer 1

Like this? \[675.54=p(1+0.025/2)^{2(11)}\]

Answer 2

yes

Answer 3

Exactly like this?

Answer 4

yes sir

Answer 5

You need to solve for p I assume?

Answer 6

i believe so

Answer 7

Well we need to isolate p to one side of the equation. Any thoughts on how?

Answer 8

no idea

Answer 9

8 = 4x. If I divide both sides by 4 what do I end up with?

Answer 10

2x

Answer 11

2=x correct

Answer 12

So if I divide both sides of you equation by the following..what do you end up with?\[(1+0.025/2)^{2(11)}\]

Answer 13

(1+0.025/2)^2(11)
(1.0125)^2(11)?

Answer 14

(1.0125)^22?

Answer 15

That's one step ahead of me. I f we divide both sides of the equation y (1+0.025/2)2^(11)..we would end up with \[\frac{ 675 }{ (1+0.025/2)^{2(11)} } = p\]

Answer 16

Do you see how I did that?

Answer 17

okay then what?

Answer 18

Solve the equation. First solve for (1.0125) ^22....then divide that into 675 and there is your answer for p.

Answer 19

this is what i get for (1.0125)^22=1.3142884808187545

Answer 20

@nelsonjedi ?

Answer 21

675.54=11P(1.0125)^2 I think...