I believe the answer is ‘1’ :)
We are given with the following:
Effective annual interest, i = 0.0425
Future worth, F = $25000
Number of years, n = 18
We use the formula to solve for the present worth of the money:
P = F / (1 + i)^n
P = 25000 / (1 + 0.0425)^18
P = 11818.73
The closest answer is:
<span>b.
$11,820</span>
13cm is the answer i hope this helps you!!!!!!!
Answer:
0.3125
Step-by-step explanation:
type that into a calculator
<span>The correct answer is 50,000.
Explanation<span>:
We can set up the equation 5000=1/10x to represent this situation.
To solve, we will divide both sides by 1/10:
5000</span></span>÷<span><span>(1/10) = (1/10x)</span></span>÷<span><span>(1/10)
5000</span></span>÷<span><span>(1/10) = x.
To divide fractions, flip the second one and multiply; this gives us
5000*(10/1) = x
50000 = x.</span></span>