A=p (1+I/k)^kn
A future value 160000
p present value ?
I interest rate 6/100=0.06
K compounded semiannual 2
T time 18-7=11years
160000=p (1+0.06/2)^(2×11)
Divide each side by (1+0.06/2)^(2×11)
P=160,000÷(1+0.06÷2)^(2×11)
P=83,502.8
Hope it helps:-)
Answer:
y=x
Step-by-step explanation:
Slope=1(=m))
A(-4,-4) x1=y1=-4
y-y1=m(x-x1)
y-(-4)=1(x-(-4))
y+4=1(x+4)
y+4=x+4
y=x+4-4
y=x
Answer:
$1200
Step-by-step explanation:
S + C = 1200
S = C + 900
C + 900 + C = 1200
2C + 900 = 1200
2C = 300
C = 150
The chair costs $150. The sofa is $1050.
Together they cost $1200.
The answer would result in -1/6
Answer:
Step-by-step explanation:
Date
Amount ($)
Transaction
9/1
716.54
Beginning balance
9/7
84.94
Purchase
9/12
15.69
Purchase
9/20
200.00
Payment
What will Calvin's starting balance be next month?
c.
$625.91