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
Answer:
$4,290.69
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- To find the commission, just convert the percentage into a decimal (divide by 100) and multiply it by the sales.
3.5% = 0.035
122,591 x 0.035 = <em>$4,290.69</em>
The answer for number 16 is 20
It is a math mathematical form of objects natural stance, to find it you need the positive integer and its finite sequence of digits.
