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:
2.83
Step-by-step explanation:
25 round off is equal to 30
so we can write 2.825 = 2.83 in form of 2 digits
83 round off to 80
2.83 is equal to 2.8
Answer: 3,19 which is larger than the original
Step-by-step explanation: if you consider that the original average is 3 you can say that all 25 students have 3 siblings so the average is 3, if you add another students with 8 siblings and do some math (25*3+8)/26 its 3,19
Answer:
8
Step-by-step explanation:
Answer:
9
Step-by-step explanation:
You can convert 2/3 to 6/9 by multiplying the numerator and denominator by 3, so that both fractions could have the same denominator
