Answer:
PV= $40,279.36
Step-by-step explanation:
Giving the following information:
Number of periods= 8*12= 96 months
Interest rate= 0.039/12= 0.00325
Future value (PV)= $55,000
<u>To calculate the initial investment, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 55,000 / (1.00325^96)
PV= $40,279.36
To find the answer you would need to add 11 to 75 and then that is 86 so then divide that by 1 and the answer is 86
Answer:
correct do
Step-by-step explanation:
Answer:
Standard form of the equation is:
∴ 
Step-by-step explanation:
Given equation:
To convert the given equation to standard form of equation:
Using distribution.
Adding 2 both sides.
Adding 
to both sides.
∴
Answer:
-18
Step-by-step explanation:
