An investment company pays 9% compounded semiannually. you want to have $19000 in the future in 10 years

Step-by-step explanation:

The question is

What is the amount of money to be invested now?

we know that    

The compound interest formula is equal to  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

substitute in the formula above

solve for P

since your problem is x^4 = 81, what you have to undeo is the "to the fourth power" part.

the inverse (opposite operation) of "to the fourth power" is "to the fourth root".

  (x^4) ^ ¼   = 81 ^ ¼  

  81 = 3^4     so (3 ^ 4) ^ ¼   =   3 ^ 1   = 3

by hand: (3 ^ 4) ^ ¼   =   3 ^ (4 x ¼) = 3 ^ 1   = 3   (when you take a power to a power, multiply the exponents.)

or, do it by calculator. one way of finding the fourth root is to use ^ (1/4)

step-by-step explanation: