Answer:
124%
Step-by-step explanation:
We can find the percent of the goal that she achieved while dividing the amount of time she exercised by the time she set as a goal. So, we have to figure out the value of 93/75. This is equivalent to 1.24. We can find 1.24 as a percentage by moving the decimal point over 2 (124) and then adding a percentage sign (124%). And that's the answer.
Hopefully that's helpful and all makes sense! :)
Answer:
$10,234.31
Step-by-step explanation:
A suitable financial calculator or spreadsheet can evaluate the future value function for you. It will tell you that $10,234.31 must be deposited today to have $13,000 in three years, when interest is 8% compounded monthly.
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You are solving for P:
13000 = P(1 +0.08/12)^(12×3)
P = 13000/(1 +0.08/12)^36 ≈ 10,234.31