Answer:
Twelve years from now, you will be inheriting $60,000 What is this inheritance worth to you today if you can earn 6.0 percent interest, compounded annually? Feedback: Present value = $60,000/(1 + . 06) = $29,818.16 18. You want to have $32,000 for a down payment on a house 5 years from now.
Step-by-step explanation:
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Answer:
12500
Step-by-step explanation:
1/8%x1000=12500
Answer:
Step-by-step explanation:
She added 3x and -2x, getting 5x, instead of x. She needs to pay more attention to the positive/negative signs.
Answer:
75 years.
Step-by-step explanation:
Divide 150 by 2, that gives you the years.