SOLUTION: Urgent!! Pls help!!!
you invest 2,000 in an acount paying 4.75% interest. Write an exponential equation to find the account balance after 25 years if the interest is compounded q
Question 862202: Urgent!! Pls help!!!
you invest 2,000 in an acount paying 4.75% interest. Write an exponential equation to find the account balance after 25 years if the interest is compounded quarterly.
Pls pls pls help...
Thanksss!!!
And ;
John started his own dog grooming buisness. Before he began, he spent $315 for equipment. To groom each dog, John will use an additional $4 worth supplies. He charges $25 to groom each dog. Write and solve an equation to find how many dogs John must groom to break even. Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
Hi
In General
A = Accumulated Amount
P= principal = 2000
r= annual rate = .0475
n= periods per year = 4(quarterly)
t= years = 25
$25x - $4x = $315