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Norma-Jean [14]
3 years ago
7

find the present value of an investment that is worth $19,513.75 after earning 3percent simple interest for 5.5 years

Mathematics
1 answer:
Dahasolnce [82]3 years ago
5 0

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

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Answer:

145

Step-by-step explanation:

y=kx

87=3k

k= 87/3

k= 29

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y= 145

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2 years ago
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3 years ago
Simplify.<br> 10x² + 11x − 6=0
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5 0
1 year ago
Given the equation −4x + 10 = 2, which order of operations completely solves for x?
hammer [34]
Hi there!

Answer:
The answer is "<span>Subtract 10, then divide by −4"

Explanation:
To solve a linear equation (for x) we need to isolate the variable (x). First we need to bring the variables to the left side (in this case, it is already on the correct place). Next up is bringing all the integers to the right side. Therefore, we must first subtract 10. Our final step is dividing by the number that is placed in front of x (in this case divide by </span><span>−4)
</span><span>
Solving the equation:
</span><span>−4x + 10 = 2
First subtract 10 (from both sides of the equation)

</span>−4x  = −8
Divide by −4

x = −8 / −4 = 2
Therefore, the solution is x = 2

I hope this anwer helps you!

4 0
2 years ago
-6x-14y=16 and -2x+7y=17 solve by elimination show the work
professor190 [17]

Answer:

(- 5, 1 )

Step-by-step explanation:

- 6x - 14y = 16 → (1)

- 2x + 7y = 17 → (2)

Multiplying (2) by - 3 and adding to (1) will eliminate the x- term

6x - 21y = - 51 → (3)

Add (1) and (3) term by term to eliminate x

0 - 35y = - 35

- 35y = - 35 ( divide both sides by - 35 )

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Substituting into (1)

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x = - 5

solution is (- 5, 1 )

6 0
2 years ago
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