Approximately how much principal would need to be placed into an account earning 1.58% interest compounded monthly so that it has an accumulated value of $90,597 at the end of 25 years?

The initial investment is $821.58

Step-by-step explanation:

Giving the following information:

Future Value (FV)= $90,597

Number of periods (n)= 25*12= 300

Interest rate (i)= 1.58% = 0.0158

To calculate the initial investment, we need to use the following present value (PV) formula:

PV= FV/(1+i)^n

PV= 90,597 / (1.0158^300)

PV= $821.58

The initial investment is $821.58

she played for 18.75 hours.

step-by-step explanation:

if she played 2/4 of a hour on tuesday. and there is 60 minutes in an hour and 60 divided by 4 is 7.5. and she played 2/4 of an hour on thursday then again 60 divided by 4 is 7.5, you add 7.5+7.5=56.25. now you have to do 1/4 of an hour, it equals 3.75. now you have to add them all up. 3.75+7.5+7.5=18.75

i hope this and i hope you get it right. it took me a while to get this done for you. : )

michael scott & dwight schrute

step-by-step explanation:

lazy scranton music video