Answer:
$19,870.39
Explanation:
To find the amount that you will have to deposit today, you have to use the formula to calculate the present value:
PV=FV/(1+i)^n, where
PV= Present value
FV= Future value=$25,000
i= interest rate=4.7%
n= number of periods of time= 5 years
PV=25,000/(1+0.047)^n
PV=25,000/(1.047)^5
PV=19,870.39
According to this, the answer is that you will have to deposit today $19,870.39.
Agatha's weekly allowance is 36.
<h3>What is the cost of the fidgets?</h3>
If she can afford to purchase both four fidgets and three candy bars and nine candy bars and two fidgets, it means that the cost of both options are the same.
4f + 3c = 2f + 9c
Where:
f = cost of one fidget
c = cost of one candy bar
4f + 3(2.40) = 2f + 9(2.40)
4f + 7.2 = 2f + 21.6
4f - 2f = 21.6 - 7.2
2f = 14.4
f = 14.4 / 2
f = $7.20
<h3>What is Agatha's weekly allowance?</h3>
Weekly allowance = 4f + 3c
4(7.2) + 3(2.4)
28.8 + 7.2 = $36
To learn more about addition, please check: brainly.com/question/349488
Is it asking which one is best that we would recommend?
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<em>Hi </em><em>army </em>
<em>gud </em><em>nyt</em>