The answer is A I believe
Answer:
FV=PV(1−d)^n
FV = 290(1-.132)^14
FV = 290(.868)^14
FV = 39.96 g
Step-by-step explanation:
Answer:
The exact interest on $5,870 at 12% is $410.9
Step-by-step explanation:
From the information provided we know that
Principal amount: $5,870
Interest rate: 12% -> 0.12
Time: 7 months (From June to December)
When you know the principal amount, the rate, and the time, the amount of interest can be calculated by using the formula:

where P is principal, r is the rate of interest and t is the time in years.
We need to convert the 7 months into 1 year.

Now we can use the above formula

Therefore the exact interest on $5,870 at 12% is $410.9
Answer:
Step-by-step explanation:
Answer:
D.
Thats what gauth.math said