19 x 4 is the equation and the answers is 76
Answer:
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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:
67
Step-by-step explanation:
15 x 10 = 150
150 x 6 = 900
15 x 7 = 105
900 + 105 = 1005
closest to 1000 without decimals
with decimals 66.6666666667
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