Answer:
No
Step-by-step explanation:
No.
i = prt is correct; its result is the simple interest earned.
If you want to solve for time, t, divide both sides by pr:
i/(pr) = t
X=0 and x=2, the first graph is a line, the second graph is logrithmic and there are two points of intersection
Answer:
B. $136,960.54
Step-by-step explanation:
Rate = r = 4%
Times = b = 4
Future Value = A = $315,930
No. pf Years = n = 21
Present Value = P = ?
A = P [1 + (r / b)]ⁿᵇ
$315,930 = P [1 + (0.04 / 4]²¹ ˣ ⁴
$315,930 = P [1 + 0.01]⁸⁴
$315,930 = P [1.01]⁸⁴
$315,930 = P x 2.306723
P = $315,930 / 2.306723
P = $136,960.54
Multiply 5*7, then take that product and divide by 10.
E.) 15/53
F.) 15/53
G.) 18/53
H.) 12/53