Answer:
present value = $16750
Step-by-step explanation:
The simple interest formula allows us to calculate A, which is the final amount. According to this formula, the amount is given by A = P (1 + r*t), where P is the principal, r is the annual interest rate in decimal form, and t is the loan period expressed in years
simple interest formula:
t: time
P: present value
A: amount
r
: anual interest
A = P (1 + r*t)
P = A / (1 + r*t)
P = 19,513.75 / (1 + 3/100 * 5.5)
P = 19,513.75/ (1 + 0.165)
P = 19,513.75 / 1.165
P = 16750
present value = $16750
Answer:
5075 cents or 50.75
so sorry if it was wrong!
0.023
if u divide 23 by one thousand you get 23 thousandths as a decimal
Answer:
The first three terms in the sequence are -4, -2, 0
Step-by-step explanation:
In any sequence n represents the position of the term in the sequence
<u><em>Examples:</em></u>
First term ⇒ n = 1
Second term ⇒ n = 2
Fifth term ⇒ n = 5
Let us solve our question
∵ The rule of the nth term is an = 2n - 6
→ We need to find the first three terms, means n = 1, 2, 3
∵ n = 1
∴ a1 = 2(1) - 6
∴ a1 = 2 - 6
∴ a1 = -4
∴ The first term is -4
∵ n = 2
∴ a2 = 2(2) - 6
∴ a2 = 4 - 6
∴ a2 = -2
∴ The second term is -2
∵ n = 3
∴ a3 = 2(3) - 6
∴ a3 = 6 - 6
∴ a3 = 0
∴ The third term is 0
The first three terms in the sequence are -4, -2, 0