Low 25. Determine the principal P that must be invested at a rate of 8% compound

Question

Low 25. Determine the principal P that must be invested at a rate of 8% compounded quarterly so thathe balance B in 40 years will be $20,00. A. $90,578.10 B. S47,539 c. S12,416 D. 8,414 26. Find the center and radius of the circle with the given equation (x +9++3) -100 A (-3,-9); 100 B. (3,9; 10 c. (9-3) 10 D. (93);I0 27 EvaluateX ant). A. 35 B. 135 c. 136 D. 175 28, Evaluate 581- A.56 B.336 C. D.54 , 29. Determine the standard equation of the circle with radius 3 and center (3,-2). 30. Find the domain and range for the function f(x)-3 + x1.

Explanation / Answer

25. B= P(1+r/n)nt

B=$200000, n=4, t=40years, r=8%= 0.08

200000= P(1+0.08/4)40*4

200000= P(4.08/4)160

P=8414

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