Answer:
11+x because the equation is reversabel.
Step-by-step explanation:
The formula of the present value of annuity due:
![PV=C*[\frac{1-(1+i)^{-n}}{i}]*(1+i)](https://tex.z-dn.net/?f=PV%3DC%2A%5B%5Cfrac%7B1-%281%2Bi%29%5E%7B-n%7D%7D%7Bi%7D%5D%2A%281%2Bi%29)
For your case:
C = $3000
i = 12% / 100 = 0.12
n = 3 * 2 = 6 (semiannually for 3 years means 6 payments)
So, the solution is:
![PV=3000*[\frac{1-(1+0.12)^{-6}}{0.12}]*(1+0.12)=3000*[\frac{1-0.5066}{0.12}]*1.12=](https://tex.z-dn.net/?f=PV%3D3000%2A%5B%5Cfrac%7B1-%281%2B0.12%29%5E%7B-6%7D%7D%7B0.12%7D%5D%2A%281%2B0.12%29%3D3000%2A%5B%5Cfrac%7B1-0.5066%7D%7B0.12%7D%5D%2A1.12%3D)
Answer:
120,027£
Step-by-step explanation:
A=P(1+r/100)^n
120,000(1+1.5/100)^2
=120,027£
hope it helps
Answer: You can do this!
Step-by-step explanation: For D. The x= -1 and the y= 1 for E same thing the x= 7 and the y= 1 so look for the 7 on the x-axes and the one on the y-axes get it. I believe that you got this!
Hope this helped love<3
Answer:

Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the amount that she will repay
P is the amount borrowed
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Find out the interest

substitute the values
