Answer:
-3/17
Step-by-step explanation:
4/17 times -3/4 - divide both fours by 4 gets as 1
1/17 times -3/1----- -3/17
Answer:
option 1 i think
Step-by-step explanation:
49.50 x 40 = $1,980 that is the price
Answer provided by our tutors
P = the principal
t = 25 years the time in years
r = 0.0525 or 5.25% annual rate
m = 1 compounding periods per year
i = 0.0525 or 5.25% interest rate per period
n = t*m = 25 total number of compounding periods
A = $75,000 future value
A = P(1 + i)^n
P(1 + i)^n = A
P(1 + 0.0525)^25 = 75000
by solving we find:
P = $20,869.34
