What are the answer choices
Answer:
5.5
Step-by-step explanation:
We nned to divide to solve this!!
22/4 = 5.5
She is going 5.5 mph!!
Have an amazing day!!
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I think it’s B but I’m not 100%
Answer:
PV= $40,279.36
Step-by-step explanation:
Giving the following information:
Number of periods= 8*12= 96 months
Interest rate= 0.039/12= 0.00325
Future value (PV)= $55,000
<u>To calculate the initial investment, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 55,000 / (1.00325^96)
PV= $40,279.36