Answer:
0.03%
Step-by-step explanation:
Simple interes = PRT/100
Given
Interest = $590.00
Principal P = $8000
Time T = 285 days
Rate = ?
Since I = PRT/100
R = 100 x I /PT
= 100 x $590.00 /$8000 x 285
Multiply through
= 59000/2280000
= 0.03%
Answer:
m=29
Step-by-step explanation:
add 20 to both sides and that is what m equals
Answer:
-1
Step-by-step explanation:
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Answer:
1095$ should be invested today .
Step-by-step explanation:
The formula of present value will be applied here :
Present Value= Future Value/(1+ interest rate)^Years
Present Value = 1250/(1.045)^3
So the equation you'll use is (18,000 × .041)y+18000. Y is your years which is 20. So all you need to do is plug it in to get (18,000 × .041)20+18000 and when solved is 32,760 downloads by 2030