We are given with the following:
Effective annual interest, i = 0.0425
Future worth, F = $25000
Number of years, n = 18
We use the formula to solve for the present worth of the money:
P = F / (1 + i)^n
P = 25000 / (1 + 0.0425)^18
P = 11818.73
The closest answer is:
<span>b.
$11,820</span>
Answer:
b)-1/2 is the required answer
Step-by-step explanation:


Answer:
8,634,820,291,881,888,392,848
Step-by-step explanation:
123453737372×69943773884 = 8,634,820,291,881,888,392,848
Many calculators don't keep the required number of digits.
Answer:
Option A would be the correct answer
I don't have an explanation to type but you can trust me :)
<h2>
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