Austin is going to invest in an account paying an interest rate of 2.2% compounded daily. How much would Austin need to invest, to the nearest hundred dollars, for the value of the account to reach $27,000 in 6 years?

  $23,700

Step-by-step explanation:

The compound interest formula can be helpful for this. Fill in the given values and solve for the unknown.

  FV = P(1 +r/n)^(nt)

where r is the annual interest rate, n is the number of times interest is compounded in a year, t is the number of years, P is the amount invested, and  FV is the future value of that investment.

  $27,000 = P(1 +0.022/365)^(365·6) = 1.1411037P

  P ≈ $23,700

the answer is (-8,-5)

step-by-step explanation:

the endpoint to midpoint is half the length. the length is (-2,-1) so when you are at the midpoint just add it to it to find your answer -6+(-2)= -8 and -4+(-1)=-5 so (-8,-5)