Answer:
PV= $40,279.36
Step-by-step explanation:
Giving the following information:
Number of periods= 8*12= 96 months
Interest rate= 0.039/12= 0.00325
Future value (PV)= $55,000
<u>To calculate the initial investment, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 55,000 / (1.00325^96)
PV= $40,279.36
Answer:
the distance is 4
Step-by-step explanation:
Answer:
B what the other dude said
Step-by-step explanation:
You're just going to take exponents of 4. For example, 4 to the power of 1, 4 to the power of 2, 4 to the power of 3, and so on. To get the powers of 4, just multiply 4 by how much the exponent reads. For example 4 to the power of 3 is just 4 multiplied by itself 3 times.
4^1=4
4^2=16
4^3=64
4^4=256
4^5=1024
However, 1024 is greater than 1000 so we do not include it.
