The formula is
A=p (1+r)^t
A future value?
P present value 160000
R interest rate 0.16
T time 3years
A=160,000×(1+0.16)^(3)
A=249,743.36
Use that future value to find the present value at a rate 8% compounded annually
To find p (present value) solve the formula for p
P=A÷ (1+r)^t
Where r is 0.08
P=249,743.36÷(1+0.08)^(3)
p=198,254.33
A fraction is a way to describe a part of a whole. A fraction can be a proper fraction, an improper fraction, or a mixed fraction.
<h3>What is a Fraction?</h3>
A fraction is a way to describe a part of a whole. such as the fraction ¼ can be described as 0.25.
A fraction consists of two whole numbers, a number that is above the fraction line which is the Dividend, while the number that is below the fraction line is known as the denominator and is the divisor. The result or the answer which we get when we solve the fraction is the factor or can be said, it is the quotient of the operation.
Suppose there is a fraction, a/b which is equal to c, then,
a is the dividend, b is the divisor, and c is the quotient.
Learn more about Fraction:
brainly.com/question/1301963
#SPJ1
37
Step-by-step explanation:
21 + 16
HOPE THIS HELPS!
The correct answer for the exercise shown above, is the first option (Option A), which is:
A. <span>(1+1/18)^18
The explanation is shown below:
1- You have that the number e is an irrational number, therefore, its value is aproximated:
e=2.7182
2- You have the following expressions:
</span>(1+1/18)^18=2.6464
<span>(1+1/17)^17=2.6424
</span><span>(1+1/16)^16=2.6379
</span><span>(1+1/15)^15=2.6328
Therefore the value of the expression that is closest to e is the Option A.</span>
ST and WX are the same lines
