Your company has decided that it will need $10,000 in 4 years to replace office equipment. You invest in a fund that pays 2..25% per year. How much do you need to put into this account every month to have enough money at the end of the 4 years?

or

step-by-step explanation:

we need to solve for 'x' the following equation:  

we have that:

⇒

⇒ ⇒

factorizing, we get that:

  ⇒

then, the solutions are: or

nothing extraneous has been found!

the number 100 represents the number of trials in the experiment.

49/100 represents the experimental probability of the coin landing heads up.

step-by-step explanation: