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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

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Answer:

(0,0)

Step-by-step explanation:

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What is 3 in a+ b- in C written as a single logarithmn?
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3 years ago
The average speed of one team in a relay race is about 10 miles per hour. What is the speed in feet per second?
ki77a [65]

10 miles per second in feet per second is 14.67 feet per second

Step-by-step explanation:

The average speed of one team in a relay race = 10 miles per hour.

We need to find the speed in feet per second.

  • The conversion rule is:

             1 mile per hour = 1.467 feet per second

So, Speed in feet per second is:

 1 mile per hour = 1.467 feet per second

10 miles per hour = 10*1.467 feet per second

                             = 14.67 feet per second

So, 10 miles per second in feet per second is 14.67 feet per second

Keywords: Conversion of units

Learn more about Conversion of units at:

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