At the time of her grandson's birth, a grandmother deposits $12,000.00 in an account that pays 2% compound monthly. What will be that value of the account at the child's twenty-first birthday, assuming that no other deposits or withdrawls are made during the period.
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A(t) = P(1+(r/n))^(nt)
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A(21) = 12000(1+(0.02/12))^(12*21)
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A(21) = 12000(1.5214)
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A(21) = #18,257.15
The numbers start from the top
Answer:
x= -5
Step-by-step explanation:
3(5x+10)+10=6x-(x+10)
15x+30+10=6x-x-10
15x+40=5x-10
15x-5x=-10-40
10x=-50
x=-5
