Answer:
PV= $40,279.36
Step-by-step explanation:
Giving the following information:
Number of periods= 8*12= 96 months
Interest rate= 0.039/12= 0.00325
Future value (PV)= $55,000
<u>To calculate the initial investment, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 55,000 / (1.00325^96)
PV= $40,279.36
Answer: 64 mph
We can see that after every hour, the car has traveled 64 miles. So the speed rate is 64 miles per hour.
Kaleerain5,
In order to get your answer you must remember that if the exponent is negative move to the left and if the exponent is positive you have to move to the right.

- The exponent is negative so move to the left:


Therefore your answer is ".000857."
Hope this helps!
The total time taken to cover 12 miles distance is 5 hours.
<u>Given the Parameters</u> :
- Total distance hiked = 12 miles
Recall :
Let :
<u>We could create an equation thus</u> :
Total distance = 3(2) + 2(t - 2)
12 = 6 + 2t - 4
12 = 2 + 2t
12 - 2 = 2t
10 = 2t
t = 10/2
t = 5
Therefore, the total time taken is 5 hours
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