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
Y= 8x-9, because I need more characters
8.52624 is not the same as 5.85, 63.4 , and 27.5.
Hope this Helps!!
Answer:
Questions 1 and 3 already answered
<h3>Q2</h3>
<u>Angles 1 and 3 are corresponding angles and therefore have same value:</u>
