MERRY CHRISTMASS!!! giving brainlist if u get this right!! thX
1 answer:
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<h3><em>Answer:</em></h3><h2><em>No</em></h2>
<em>4</em><em> </em><em>1</em><em>/</em><em>2</em><em> </em><em>times </em><em>2</em><em> </em><em>3</em><em>/</em><em>4</em><em> </em><em>does </em><em>not </em><em>equals </em><em>to </em><em>1</em><em>1</em><em> </em><em> </em><em>1</em><em>1</em><em>/</em><em>4</em><em>8</em><em>.</em>
<em>It </em><em>actually</em><em> </em><em>equals </em><em>to </em><em>1</em><em>2</em><em> </em><em>3</em><em>/</em><em>8</em>
<em>hope </em><em>it</em><em> </em><em>helps</em>
<em>Good </em><em>luck</em><em> on</em><em> your</em><em> assignment</em>
Answer:
Sarah has to invest $502,958.58 today.
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:
In this question:
She has to invest P today.
So
Sarah has to invest $502,958.58 today.