The sum of fourteen and seventeen subtracted from thirty five
3x + 28
We can combine 7x and -4x because they are like terms. 7x -4x is equal to 3x. Now we rewrite the expression as 3x + 28.
Answer:
the present value is 3,162 euros
Step-by-step explanation:
The computation of the present value is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
3,200 euros = Present value × (1 + 0.012)^1
3,200 euros = Present value × 1.012^1
Present value is
= 3,200 euros ÷ 1.012
= 3,162 euros
Hence, the present value is 3,162 euros
