-7/6, -5/4, -2.8, 1.3, 4/3
The answer to this question is: 47
Answer:
The answer is 10.
Step-by-step explanation:
I'm certain this is correct. :D
Answer:
D. $3,776.28
Step-by-step explanation:
The finance charge should be ...
$3558.71 × 1.75% = $62.28 . . . . . . not $82.28
The new balance should be $20 less than what is shown, so should be ...
$3,776.28
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