Answer:
P = $2448.89
P ~= $2,449
He need to deposit $2,449
Step-by-step explanation:
Given:
Interest rate r= 7% = 0.07
Number of years n = 3 years
Future value that should be meet A = $3000
We need to calculate the initial investment (Principal P). Using the compound interest formula:
A = P(1+r)^n
P = A/(1+r)^n
Substituting the values of A, r, n, we have;
P = 3000/(1+0.07)^3
P = $2448.89
P ~= $2,449
For first is B For second is C::::)
Where because I do not see it
Answer:
$7.05
Step-by-step explanation:
since 7 planes are $16.45 just divide 16.45 by 7
the answer is 2.35 so do 2.35 times 3 which equals $7.05
p.s. please give brainliest
