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2 years ago

Find the present value of $ 3,000 at a simple interest rate of 6 % in 9 years ?

Mathematics

2 answers:

xenn [34]2 years ago

6 0

Answer:

using the simple interest rate Formula, I = prt.

given 3,000 as the principle,

6% as the rate, and 9 years as the time

I = (3000)(6%)(9)

I = (27000)(6%)

I = (27000)(0.06)

I = 1620$

Present value = I + p

present value = 1620$ + 3000$

present value = 4620$

hjlf2 years ago

3 0

Answer:

Is it anual intrest rate? if so then it would be 1620$ inrest rate and if it was 6% in 9 years it would be 180$ interest rate

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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podryga [215]

Answer:

$1.3\ days$

Step-by-step explanation:

step 1

Find the units rate of the first glacier

$\frac{75}{3}=25\frac{meters}{day}$

using proportion

$\frac{25}{1}\frac{meters}{day}=\frac{200}{x}\frac{meters}{days}\\ \\x=200/25\\ \\x=8\ days$

step 2

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using proportion

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