SOLUTION: a=2000[(1+.05)^20-1]
___________ _____
.05
i get it but i dont i also need to round to the nearest doller and find the intrest
Algebra.Com
Question 205247This question is from textbook thinking mathematically
: a=2000[(1+.05)^20-1]
_________________
.05
i get it but i dont i also need to round to the nearest doller and find the intrest
This question is from textbook thinking mathematically
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
a = [2000[(1+.05)^20-1]]/.05
---
a = [2000[2.6532977-1]]/0.05
---
a = [2000[1.6532977]/0.05
---
a = $66,131.91
========================
Cheers,
Stan H.
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