Answer:
-80\112 = -5\7
we divided both numbers by 16
P = A / (1 + rt)
P = 80000 / (1 + (0.09)(0.5))
P = <span>$ 76,555.02</span>
First, you would subtract 29.95 from 55.50, and you get 25.55. because 5 people went, and the cost for each was the same, you would divide 25.55 by five, and get $5.11 per person.