Hi! :) 19.7 - 6.8 is 12.9. If you need anymore help, ask me!
Answer:
420
Step-by-step explanation:
Answer:
I'm gonna need to see the graph, sweetheart.
Answer:
something
Step-by-step explanation:
We are given with the following:
Effective annual interest, i = 0.0425
Future worth, F = $25000
Number of years, n = 18
We use the formula to solve for the present worth of the money:
P = F / (1 + i)^n
P = 25000 / (1 + 0.0425)^18
P = 11818.73
The closest answer is:
<span>b.
$11,820</span>