Answer:
Step-by-step explanation:
- Future value FV = $26700
- Interest rate r = 4.6% = 0.046 per annum compounded
- Compound number n = 4 per year
- Time t = 12 years
- Initial amount P = ?
<u>Use formula for future value, solve for P:</u>
- FV = P*(1 + r/n)^(nt)
- 26700 = P(1 + 0.046/4)^(12*4)
- P = 26700 / 1.0115^48
- P = 15422.28
5/40 = 1/8 so your taking it and dividing by 5
Answer:
mulitply and divide by both sides
and yes
Step-by-step explanation:
Ok so to solve to first one u do this:
62.4 - 31.53, which gives u 30.87. and then u add 30.87 and 31.33, and u get 62.4
for the second one u do the same thing.