1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ann [662]
3 years ago
7

Determine the present value P you must invest to have the future value A at simple intrest rate r after time t. A=$14,000, r=9.5

%, t =4 years​
Mathematics
1 answer:
Ivan3 years ago
3 0

Answer:

$10,144.93

Step-by-step explanation:

Amount formula; A = (Principal* rate* time) +Principal

A= (P*r*t) +P

A= 14,000

r= 9.5% OR 0.095 as a decimal

t= 4

Plug the numbers into the formula;

14,000 = (P* 0.095 *4 ) +P

14,000 = 0.38P +P

14,000 = 1.38P

Divide both sides by 1.38 to solve for P;

14,000/1.38 = P

P= 10,144.9275

Therefore, the present value (Principal) = $10,144.93

You might be interested in
I need help! Please! 30 points!
Arada [10]

<em>I'm sorry and I feel that your probably going to get mad, but we can't answer this question without knowing what those drag-and-drop options are! I hope that you can quickly re-post this, and then I will be able to help you! Sorry!</em>

<em />

<em>Miri</em>

<em />

3 0
2 years ago
Read 2 more answers
If two angles are supplementary and one of them is 30°, what is the measurement of the second angle?
Setler79 [48]
150 degrees because supplementary angles add up to 180 degrees
6 0
3 years ago
8x+3-2(6+3x) when x= -6
Tatiana [17]
8x + 3 - 2(6 + 3x)
8(-6) + 3 - 2(6 + 3(-6))
-48 + 3 - 2(6 - 18)
-48 + 3 - 2(-12)
-45 + 24
-21
3 0
2 years ago
Solve this plssssssssssss
Kobotan [32]

Answer:

2 x^ (3/2)

Step-by-step explanation:

(x^2+x^2)

----------------

x^1/2

Combine like terms

2x^2

-----------

x^1/2

When dividing exponents with the same base, we subtract

a^b/ a^c = a^ (b-c)

2 * (x^2/ x^1/2) = 2( x^(2-1/2)) = 2 * x^ (3/2)

4 0
3 years ago
Please respond ASAP ​
MatroZZZ [7]

Answer:

33.5

Step-by-step explanation:

V=\pi *r^2*\frac{h}{3}=3.14*4*\frac{8}{3} =33.51...

7 0
2 years ago
Other questions:
  • How to work out corresponding and alternate angles
    8·2 answers
  • Easy multiplication and division question
    11·2 answers
  • This is a special right triangle, what is the missing side length?
    9·2 answers
  • A right triangle has an area of 2k^2-k-15 One of the legs has a length of k^2-9 What is the ratio of the area of a triangle to t
    6·1 answer
  • In the problem 100 divided by 25 equals 4 the the what is 100
    10·1 answer
  • How to solve 3(6x+2x)=8(5x+6)-4x
    5·1 answer
  • Please help me to fill in the blanks
    9·1 answer
  • Uhh can someone tell me how brainly works
    9·2 answers
  • Write down three integers,all less than 25, whose range is 8, and mean is 11
    5·1 answer
  • -9 ÷ 7.2 as a decimal
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!