Mila is going to invest in an account paying an interest rate of 2.5% compounded annually. How much would Mila need to invest, to the nearest cent, for the value of
the account to reach $44,000 in 14 years?

31140.00

Step-by-step explanation:

A=44,000

r=0.025

t=14

44,000=P(1+0.025)^14

44,000=P(1.412973821)

  =   31139.99661

Round to the nearest cent

A= 31140.00

exa:

)

3+11

14

step-by-step explanation:

from this example, we can see that subtracting with integers is the same as adding the opposite. we can solve using a number line or by using the saying "keep, change, change" to us solve. it is important to remember that we can subtract a negative and end up with a larger number than we started with.