Using simple interest, it is found that the present value of the cash inflow is of 947.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of money after t years in is modeled by:
A(t) = A(0)(1 + rt)
In which:
- A(0) is the initial amount.
- r is the interest rate, as a decimal.
In this problem, the parameters are given as follows:
t = 4, r = 0.08, A(4) = 1250.
Then we solve for A(0) to find the present value.
A(t) = A(0)(1 + rt)
1250 = A(0)(1 + 0.08 x 4)
A(0) = 1250/1.32
A(0) = 947.
More can be learned about simple interest at brainly.com/question/25296782
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Answer:
2
Step-by-step explanation:
724.94 I THINK.
787.00+135.46=922.46
922.46-190.05=732.41
732.41-7.47=724.94
A= adult ticket c=child ticket
1. 6a+4c=88
12a+9c=186
2. so you need to multiply the top number by -2 so you can cancel out the 12a
-2(6a+4c=88)=. -12a-8c=-176
3. then you add them all together
12a+9c=186
-12a-8c=-176
——————————-
c=10
4. now you have to find ‘a’
6a+4(10)=88
6a+40=88
-40. -40
6a=48
divide both sides by 6
a=8
And your final answer should be (8,10)
hoped this helped:)
