Money is invested into an account earning 4.25% interest compounded annually. if the accumulated value after 18 years will be $25,000, approximately how much money is presently in the account?

$11,820

Step-by-step explanation:

The formula to calculate the compound amount after x years is given by :-

, where r is the rate of interest.

Given: The accumulated value A= $25000

The rate of interest r= 4.25%=0.0425

Let P be the present value invested in the account.

Now,according to the question,we have

Hence, the amount of money presently in the account =$11,820

answer: 7 x 2/5 = 2.8 hours, is your answer. your welcome! : 3

step-by-step explanation: first work out how long it took to hose 1/7 of the lawn which is 2/5 hours. times that by 7 to get the whole lawn.

sorry i don't know the other answer. i didn't learn what a proportional relationship is.