Answer:
D
Step-by-step explanation:
<h3>Given</h3>
Future value of an investment at 4.75% compounded weekly is $25,000
<h3>Find</h3>
The present value of the investment, to the nearest dollar
<h3>Solution</h3>
The multiplier is (1 + .0475/52)^(52·5) ≈ 1.2679375, so the amount required is found from
... 1.2679375×present value = 25,000
... present value = 25,000/1.2679375 ≈ 19,717
$19,717 needs to be placed in the account now.
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When an annual interest rate r is compounded n times per year, the annual multiplier is (1 +r/n)^n. Here, we have n=52 (weeks per year). The multiplier is applied 5 times (raised to the 5th power) to obtain the result of a 5-year investment.
Answer:
n = 30....................
8 days—> because if you 160 insurance is already added, subtract that to get your original price since that’s what is actually being counted.
So I did 760-160=600
600/75=8
Also your answer is D.
Answer: 4
Step-by-step explanation: if 2 times y(2) is 4 what plus 4 equals 12...8 right? but you have to take 2 and multiply it by 4 in order to get 8. So the answer is 4. Hope this helps! :)
