177.78 is the present value of $200 received in one year.
What do interest rates mean?
- An interest rate indicates how expensive borrowing is or how lucrative saving is.
- Therefore, if you are a borrower, the interest rate is the sum you pay for borrowing money and is expressed as a percentage of the overall loan amount.
What is an example of interest rates?
The basic interest formula is as follows, for instance, if you take out a $20,000 loan with a five-year term and a 5% interest rate: $5,000 in interest results from multiplying $20,000 by.05 by 5.
PV=FV * (1+i)^-n
=200\1.125
= 177.78
Learn more about interest rates
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Answer:
There are 6 more girls than boys
Step-by-step explanation:
boys :girls : total
2 3 2+3 = 5
There are 30 total students
30/5 = 6
Multiply each number by 6
boys :girls : total
2*6 3*6 5*6
12 18 30
There are 18 girls and 12 boys
18-12 = 6
There are 6 more girls than boys
Answer:
Because we are working with a variable (y) and we don't know what number it represents, we can only write down what the calculation would be, but we can't get the actual number answer.
15/y
Step-by-step explanation:
A quotient is the answer to a division.
6000/40 = 150 fans per mile