A=p (1+I/k)^kn
A future value 160000
p present value ?
I interest rate 6/100=0.06
K compounded semiannual 2
T time 18-7=11years
160000=p (1+0.06/2)^(2×11)
Divide each side by (1+0.06/2)^(2×11)
P=160,000÷(1+0.06÷2)^(2×11)
P=83,502.8
Hope it helps:-)
Answer:
the value is 8
Step-by-step explanation:
A line segment is a line between its endpoints.
Answer: 87.75
Step-by-step explanation:
Multiply 12.25 times 3 because the student bought 3 shirts
Then multiply 25.50 times 2 because the student bought two pairs of pants
Then add up both your multiplication together and you will get 87.75
Answer:
on the seventh day
Step-by-step explanation:
hope this helps
