Approximately how much principal would need to be placed into an account earning 4.8% interest compounded monthly so that it has an accumulated value of $78,550 at the end of 38 years?

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:

54, jfvhgnjhvnjhcbnncjigjm

what's the question here?

(1 km=1000m, 1m=100 cm)