Find the investment which yields a balance of $2000 after 2 years in an account that is compounded monthly and earns 9.5% annual interest. round the answer to the nearest dollar.

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!

ending amount = beginning amount / (2^n)

where "n" = number of half-lives (or elapsed time / half-life)

ending amount = 50 mg / (2 ^10 / 5.3)

ending amount = 50 mg / (2 ^ 1.8867924528)

ending amount = 50 m / 3.6981210597

ending amount = 13.5203794557 mg

or about 13.5 mg remain

source:  

a.for lorena 14 hours makes $126   for 16 hours she makes 144

for julie 6 hours makes $72 for 21 hours its $252

b. julie makes more money than lorena julie makes $12 an hour and lorena makes $9  

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