I'm trying to work on this practice question But got confuse on this question:

find the value of P = Q ( 1 - 1.03^-20 / 0.03)
where Q is 1000 to the nearest whole number?

Thank you =)

2 answers

well,

1 - 1.03^-20 / 0.03 = -17.455

Something tells me you want

(1 - 1.03^-20) / 0.03 = 14.87747

Now P is easy to figure.
so, 1000 (14.87747) = 14876.6 ?
Similar Questions
  1. Use Tables of Equivalent Ratios PracticeComplete this assessment to review what you’ve learned. It will not count toward your
    1. answers icon 13 answers
  2. Slope and y-intercepts PracticeComplete this assessment to review what you've learned. It will not count toward your grade. 3 of
    1. answers icon 1 answer
  3. Find Missing Angles PracticeComplete this assessment to review what you've learned. It will not count toward your grade. 3 of 53
    1. answers icon 1 answer
  4. Use Tables of Equivalent Ratios Practice5 of 55 of 5 Items Question Use the table to answer the question. 1 3 2 6 3 x 4 12 y 15
    1. answers icon 9 answers
more similar questions