Answer:
The lum sum that must be deposited today is $12,506.25 to have a future value of $25,000 in 9 years if the funds carn 8%, compounded annually.
Step-by-step explanation:
We are given:
Future value (A)=$25,000
Rate r =8% (0.08%)
Time t = 9
Compounded Annually n =1
We need to find:
Principal Amount (P) = ?
The formula used will be:
Putting values and finding Principal Amount (P)
So, The lum sum that must be deposited today is $12,506.25 to have a future value of $25,000 in 9 years if the funds carn 8%, compounded annually.
Let's construct an equation for Canton's population increase as 7220+80n and Holly Spring's population increase with 3200+120n, where n is the number of years. We have to set these equations to each other in order to find when the population of these two places are equal. 3200+120n=7220+80n and n=100.5. After 100 and half years
Answer:
95*.07= 6.65 in sales tax
total of item and tax = 101.65
Step-by-step explanation:
Answer:
208 divided by 2
100+2
402-300
Step-by-step explanation:
Answer:
Mean= 
=13.28 ≈13
For median arrange in ascending or descending order. i am arranging in ascending order
9,11,11,13,15,17,17
cancel from left and right until one number is left
median=13
