Solve by using proper methods. show your work.

determine the principal p that must be invested at 7%, compounded monthly, so that $200,000 will be available for retirement in 15 years?

$70,201.38

Step-by-step explanation:

To determine the principal amount, we can use the formula:

A = $200,000

r = 7% or 0.07

t = 15 years

n = 12

Now let's substitute our values.

So the principal needed to get 200,000 in 15 years is $70,201.38.

chase is right because he already been to the swings and he know how far it will be to get there

step-by-step explanation:

answer: on graphs, the open and closed circles, or vertical asymptotes drawn as dashed lines us identify discontinuities.

as before, graphs and tables allow us to estimate at best.

when working with formulas, getting zero in the denominator indicates a point of discontinuity.

when working with piecewise-defined functions, check for discontinuities at the transition points where one piece ends and the next begins.

step-by-step explanation: