Answer:
PV= $40,279.36
Step-by-step explanation:
Giving the following information:
Number of periods= 8*12= 96 months
Interest rate= 0.039/12= 0.00325
Future value (PV)= $55,000
<u>To calculate the initial investment, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 55,000 / (1.00325^96)
PV= $40,279.36
Answer:
5-Cy/r = d
Step-by-step explanation:
C=r(5-d)/y
Multiply each side by y
Cy=r(5-d)/y *y
Cy=r(5-d)
Divide each side by r
Cy/r=r(5-d)/r
Cy/r=(5-d)
Subtract 5 from each side
Cy/r - 5 = 5-d-5
Cy/r - 5 = -d
Multiply by -1
-Cy/r + 5 = d
5-Cy/r = d
Answer:
so it would be 5-7 i sorry if wrong
Step-by-step explanation:
Answer:
£ 170 .
Step by step explanation :
Given that the price of a computer was decreased by 20% to £136. And we need to find the Original price before the decrease. So , let the earlier price be x ,
<u>Decrease in 20 % :- </u>
⇒ Decreased price = 20% of x
⇒ Decreased price = 20/100 × x
⇒ Decreased price = x/5
<u>New price :- </u>
⇒ New price = x - x/5
⇒ New price = 5x - x/5
⇒ New price = 4x/5.
But its given £ 136 , So
⇒ 4x/5 = £ 136
⇒ x = £ 136 * 5/4
⇒ x = £ 170
<h3>
<u>Hence</u><u> </u><u>the</u><u> Original</u><u> price</u><u> </u><u>was</u><u> </u><u>£</u><u> </u><u>1</u><u>7</u><u>0</u><u> </u><u>.</u></h3>