Well you see here your answer to this very frantically asked question would grammatically be the answer that you would get to this equation. Hoped i helped!!
Answer:
6/5 or 1 1/5
Step-by-step explanation:
Each piece is 2/5 so you add it up 3 times or multiply by 3 to get 6/5 or 1 and 1/5.
Answer:
present value = $16750
Step-by-step explanation:
The simple interest formula allows us to calculate A, which is the final amount. According to this formula, the amount is given by A = P (1 + r*t), where P is the principal, r is the annual interest rate in decimal form, and t is the loan period expressed in years
simple interest formula:
t: time
P: present value
A: amount
r
: anual interest
A = P (1 + r*t)
P = A / (1 + r*t)
P = 19,513.75 / (1 + 3/100 * 5.5)
P = 19,513.75/ (1 + 0.165)
P = 19,513.75 / 1.165
P = 16750
present value = $16750