Suppose you invest $16,000 at 9% interest and that it is compounded daily. How much will you have in 8 years?

ian gone lie this got me confused

step-by-step explanation:

answer: solve 5\cdot 2^x=2405⋅2  

x

=2405, dot, 2, start superscript, x, end superscript, equals, 240.

solution

to solve for xxx, we must first isolate the exponential part. to do this, divide both sides by 555 as shown below. we do not multiply the 555 and the 222 as this goes against the order of operations!

\begin{aligned} 5\cdot 2^x& =240 2^x& =48 \\ \end{aligned}  

5⋅2  

x

2  

x

​    

=240

=48

​

step-by-step explanation:

pla·gia·rism

/ˈplājəˌrizəm/

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noun

the practice of taking someone else's work or ideas and passing them off as one's own.

step-by-step explanation: