I typed out everything and it won’t let me answer, love that for me !
The formula is
A=p (1+rt)
A future value 1249.22
P present value ?
R interest rate 0.14
T time 1 year
We need to solve for p
P=A÷(1+rt)
P=1,249.22÷(1+0.14×1)
P=1,095.81 round your answer
P=1096
Hope it helps
The monthly rate of growth for the savings account is $8.40.
Answer: The tailor made 8 complete hats
Step-by-step explanation:
Amount of fabrics available to make hat = 6 2/3 yards
1 hat requires = 5/6 yards
Number of hat to obtain from the available fabric = Amount of fabrics available to make hat / requirement of 1 hat
=(6 2/3) / (5/6)
(20/3) / (5/6)
20/3 x 6/5 = cancelling out, we are left with
4x2= 8 hats
or
(20/3) / (5/6)
6.6666 /0.83333
= 8.00002= 8 hats