1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irina1246 [14]
2 years ago
9

Find the present value, using the future value formula and a calculator. Future value is $6,000 in two years at 9.5% simple inte

rest. Round your answer to the nearest cent (two decimal places). Enter only the number without $ sign.
Mathematics
1 answer:
faust18 [17]2 years ago
3 0

~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\dotfill & \$6000\\ P=\textit{original amount deposited}\\ r=rate\to 9.5\%\to \frac{9.5}{100}\dotfill &0.095\\ t=years\dotfill &2 \end{cases} \\\\\\ 6000=P[1+(0.095)(2)]\implies \cfrac{6000}{1.19}=P\implies 5042.02\approx P

You might be interested in
Which statement proves that the diagonals of square PQRS are perpendicular bisectors of each other?
cricket20 [7]

Answer:

Step-by-step explanation:

Step-by-step explanation:the answer is C. The midpoint of both diagonals is , the slope  

5 0
3 years ago
Read 2 more answers
PLEASE HELP ME!! 99 POINTS!!!!!!
barxatty [35]

Answer:

=> 51b - 24

=> 51(4) - 24

=> 204 - 24

=> 180

8 0
3 years ago
Read 2 more answers
(45 1/3 + 6 1/3)+38 2/3 ?
Marizza181 [45]

51 2/3+38 2/3

90 11/3

6 0
4 years ago
Read 2 more answers
The club supplies 40 new balls for each player which cost $1 each. Each player pays $300 for the lessons. The club must pay each
den301095 [7]

Answer:

4 players and 1 instructor

Step-by-step explanation:

If all 4 players pay $300 each, that equals $1,200. The instructor will get $1,000 of it. That means there is $200 left. They need 40 balls per player. Each ball is $1, so that's $40 per player. 40 x 4= 160    200-160 = 40 The club will have $40 left.

5 0
3 years ago
Which of the following is not the equation of the graphed line?
ehidna [41]

Answer:

well, we do not have the options here, but we can find the equation of the graph, so the equations that are different from that are the answer to this question:

in the graph, we can see that it goes through the points:

(0,1) and (2,0)

Remember that the slope of a line that goes through the points (x1, y1) and (x2, y2) is:

s = (y2 - y1)/(x2- x1)

then the slope for our line is:

s = (0 - 1)/(2 -0) = -1/2

Then our line is:

y = -(1/2)*x + b.

b is the y-intercept, and we know that when x = 0 y = 1, then:

1 = -(1/2)*0 + b

1 = b

then the equation is:

y = -(1/2)*x + 1

5 0
3 years ago
Other questions:
  • 7. Assume two people, Swanson and Suzie, are standing 35 feet apart and are watching a boat
    14·2 answers
  • PLEASE HELP MATH QUESTION!!
    14·1 answer
  • A radioactive substance decays according to
    6·1 answer
  • Luna observed that in he last 12 issues of "Rise Over Run Weekly," 384 of the 960 pages contained an adventure. What is the prob
    15·2 answers
  • Plz help!! Quesion above
    12·1 answer
  • Pls help me im just lazy
    10·2 answers
  • (1.6 × 10^8)(6.8 × 10^19)
    8·1 answer
  • What is the solution of the inequality<br> - 47 &lt; -20
    12·1 answer
  • Zachary wants to buy one of each item listed in the table. He predicts that the total cost for the items will be $37. Which stat
    11·1 answer
  • In the following month 10 percent savings on other cost are expected
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!