Lakisha just won some money in a sweepstakes drawing. she is considering putting her winnings in a long term investment. to the nearest dollar, how much money would lakisha need to put into an account earning 5% interest compounded annually in order to have $30,000 at the end of 20 years?

She would need to put approximately $ 11306.684 into the account in order to have $30,000 at the end of 20 years.

Step-by-step explanation:

Let P be the amount of the money she need to put into the account,

Since, the annual rate of interest = 5%

Time = 20 years

Hence, with this compound interest the amount she got after 20 years,

According to the question,

A = $ 30,000

Hence, She would need to put approximately $ 11306.684 into the account in order to have $30,000 at the end of 20 years

step-by-step explanation:

3024 rhe base is what up in worry about

answer:   x = 3 + √11     and     x = 3 - √11

step-by-step explanation:

x² - 6x + 9 = 11

(x - 3)² = 11

x - 3 = ±√11

    x = 3 ± √11

x = 3 + √11     and     x = 3 - √11