It’s -9 because when multiplied it’s about -9
Answer:
PV= $3,402.9
Step-by-step explanation:
Giving the following formula:
Future Vale (FV)= $5,000
Number of years (n) 5 years
Interest rate (i)= 8.5% compounded annually
<u>To calculate the initial investment (PV), we need to use the following formula:</u>
PV= FV / (1 + i)^n
PV= 5,000 / (1.085^5)
PV= $3,402.9
Answer:
the original price was $46.12
Step-by-step explanation:
if you add 5 back to that number.
Answer:
around 6.6 years
Step-by-step explanation:
41,500=14,000*.45*x
41,500=6,300*x
41,000/6,300=x
6.5873=x
6.6=x
hope this helps!
Because it can be written as a fraction 1/3