Let P = the PV (principal value).
n = 12, the monthly compounding interval
r = 2 = 0.02, the rate
nt = 20 months
The value if $20,000 after 20 months, therefore
P(1 + r/n)²⁰ = 20000
1.0339P = 20000
P = $19,344.86
Answer: PV = $19,344.86
The linear equation y = -x - 2 and y = 2x + 13 form the solution (-5, 3)
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Linear equation</h3>
A linear equation is in the form:
y = mx + b
where y, x are variables, m is the rate of change and b is the y intercept.
Given the coordinate (-5, 3) as a solution.
The linear equation y = -x - 2 satisfies this this equation because 3 = -(-5) -2
Also, the linear equation y = 2x + 13 satisfies this this equation because 3 = 2(-5) + 14
Find out more on Linear equation at: brainly.com/question/14323743
Answer:
Step-by-step explanation:Perhaps somebody's asked this already, but I can't see it. Suppose I have a square that is 7 feet by 7 feet. I want to calculate the area. I multiply 7 feet by 7 feet and get 49 square feet, but since the lowest number of sig figs in one of my operands is one, my answer can only have one sig fig. This forces my answer to be 50 square feet, and I have now lost precision. Can somebody explain this?
Answer:
140$
Step-by-step explanation:
You can use the three rule step.
20% ?
-------=------------
100%. 700$
Then u go 20 x 700 divided by 100 which gives you the 20% in $
