Nolan is going to invest $96,000 and leave it in an account for 6 years. Assuming the interest is compounded monthly, what interest rate, to the nearest hundredth of a percent, would be required in order for Nolan to end up with $142,000?

whatever you can spend with $11.53 or under.

step-by-step explanation:

20 - 8.47 = 11.53. take away the money he used for lunch from the starting amount of 20.

x =±sqrt(1/3)

step-by-step explanation:

x+4/6x=1/x

multiply each side by 6x to get rid of the fractions

6x*(x+4/6x)=1/x*6x

distribute

6x^2 +4 = 6

subtract 4 from each side

6x^2 +4-4 = 6-4

6x^2 =2

divide by 6

6x^2/6 = 2/6

x^2 = 1/3

take the square root of each side

sqrt(x^2) = ±sqrt(1/3)

x =±sqrt(1/3)

the correct answer is 1: 2

step-by-step explanation:

hope this your welcome : )

step-by-step explanation: