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Kaylis [27]
3 years ago
6

Jeff company issues a

Mathematics
1 answer:
professor190 [17]3 years ago
6 0
<span>Jeff Company issues a promissory note to David Company to get extended time on an account payable. David records this transaction by debiting </span>
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monitta

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1 year ago
Milo bought 12 nails for $6. Use the unit rate of cost per nail to complete the table of values for the proportional relationshi
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How much should you put in an investment paying a simple interest rate of​ 5% if you needed​ $4000 in eighteen​ mont
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now, there are 12 months in a year, so 18 months is really 18/12 of a year, thus

~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad \begin{cases} A=\textit{accumulated amount}\dotfill & \$4000\\ P=\textit{original amount deposited}\\ r=rate\to 5\%\to \frac{5}{100}\dotfill &0.05\\ t=years\to \frac{18}{12}\dotfill &\frac{3}{2} \end{cases} \\\\\\ 4000=P[1+(0.05)(\frac{3}{2})]\implies 4000=P(1.075) \\\\\\ \cfrac{4000}{1.075}=P\implies 3720.93\approx P

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2 years ago
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