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:
x = -4 y =-4
Step-by-step explanation:
Solve for the first variable in one of the equations, then substitute the result into the other equation.
Answer:
2(5)+17 = 27
Step-by-step explanation:
Hope this helps answer your question(s). Please mark brainliest and enjoy the rest of your day!
Answer:
x = 1/2
Step-by-step explanation:
<em>Simplify the sides of the equation...</em>
<em>10x + 3 = 4x + 6</em>
<em>Subtract 3 from both sides...</em>
<em>10x = 4x + 3</em>
<em>Subtract 4x from both sides...</em>
<em>6x = 3</em>
<em>Divide by 6</em>
<em>x = 1/2</em>
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<em>Thank me later :)</em>
<em>(or just give brainliest)</em>
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You can use linear equations if something is being raised or decreased with the same linear function. Such as temperature or the amount of books that get sold.
