177.78 is the present value of $200 received in one year.
What do interest rates mean?
- An interest rate indicates how expensive borrowing is or how lucrative saving is.
- Therefore, if you are a borrower, the interest rate is the sum you pay for borrowing money and is expressed as a percentage of the overall loan amount.
What is an example of interest rates?
The basic interest formula is as follows, for instance, if you take out a $20,000 loan with a five-year term and a 5% interest rate: $5,000 in interest results from multiplying $20,000 by.05 by 5.
PV=FV * (1+i)^-n
=200\1.125
= 177.78
Learn more about interest rates
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The answer to this is 15 because you would multiply 5*3 to get you answer or you could do 5+5+5 either way it equals 15
The speed of the current is 7 miles per
hour.
Step-by-step explanation:
Let × represent speed of the current.
We have been given that a motorboat
maintained a constant speed of 11 miles per
hour relative to the water in going 18 miles
upstream and then returning.
The speed of motorboat while going
upstream would be 11
The speed of motorboat while going
downstream would be 11 + 2
Time
Distance
Speed
Answer:
M and N
Step-by-step explanation:
