A=p (1+I/k)^kn
A future value 160000
p present value ?
I interest rate 6/100=0.06
K compounded semiannual 2
T time 18-7=11years
160000=p (1+0.06/2)^(2×11)
Divide each side by (1+0.06/2)^(2×11)
P=160,000÷(1+0.06÷2)^(2×11)
P=83,502.8
Hope it helps:-)
31.5% of 473 can be calculated as follows
(31.5/100) * 473
= 14899.5/100
= 148.99
hope it helped
Answer:
A
Step-by-step explanation:
I took the test
Answer:
its b
Step-by-step explanation:
its b i for some reason got it right
