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
Answer: 26.7 is 13% of 89
New secured 4.5 is the best option
Answer:
False.
General Formulas and Concepts:
<u>Pre-Algebra</u>
- Order of Operations: BPEMDAS
<u>Algebra I</u>
- Slope Formula:

Step-by-step explanation:
<u>Step 1: Define</u>
Point (9, 9)
Point (6, 4)
<u>Step 2: Find slope </u><em><u>m</u></em>
- Substitute:

- Subtract:

- Simplify:

Answer:
5/12 left
Step-by-step explanation:
1- you need to take 1/4 and 2/3 and find a common denominator, to find the exact amount of pounds.
2- Once you have 3/12 and 8/12, add them to get 11/12.
3-Now you know you don't have a full pound. Then subtract 1/2 from 11/12 ->
11/12 - 6/12 = 5/12