Future value = FV = $6000
Time period = n = 8
interest rate = r = 12%
Present value (PV) is calculated using the formula:
PV = FV/(1+r)n
Present Value = PV = 6000/(1+12%)8 = 6000/1.128 = 2423.299368
Answer -> 2,423
Answer:
44 hope it helps
Step-by-step explanation:
Answer:
Step-by-step explanation:
Total number of miles is 700.
On the first day, they drove 6 and 2/3 hours. We would convert 6 and 2/3 hours to improper fraction. It becomes 20/3 hours. On the second day, they drove 5 and 3/4 hours. Converting to improper fraction, it becomes 23/4 hours. Total number of hours that they drove during the first two days is the sum of hours driven on the first day and hours driven on the Second day. It becomes
20/3 + 23/4 = (80 + 69)/12
= 149/12 hours
Answer:
12.7
Step-by-step explanation:
Answer:
A
Step-by-step explanation:
B doens't cross the origin