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konstantin123 [22]

3 years ago

13

3. Arya wants to take a trip to Japan in 8 years. She knows she will need about $4,200. How much should

1 answer:

algol133 years ago

3 0

Answer:

c. $3,174

Step-by-step explanation:

Using a financial calculator, enter the following inputs to find the Present value (PV) ;

Future value; FV = 4,200

Total duration ; N = 2,920 <em>(365 days in a year times 8 years; 8 * 365 = 2920)</em>

Daily interest rate; I = 3.5% /365 = 0.009589%

PMT = 0

then CPT PV = 3,174.338

Therefore, Arya should deposit $3,174

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Check the attachment below;

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koban [17]

Hey there!

"What ratio forms a proportion with $\frac{14}{42}$ ?"

- $\frac{14}{45} =0.56$ (for the decimal)

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$B) \frac{7}{21}$ $=0.33$ $(Incorrect)$
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But in order for you to solve this particular equation you'd have to go in with two (like multiplying by two)

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$2 \times 28 = 56$ ; $2\times 80 = 160$ $(incorrect)$

Your result: $\boxed{Answer: B. \frac{7}{21} }$

Good luck on your assignment and enjoy your day!

~ $\bold{LoveYourselfFirst:) }$

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