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anygoal [31]
3 years ago
15

I really need help.... thank you!!

Mathematics
1 answer:
Roman55 [17]3 years ago
4 0

Answer:

5. $11,165.14

6. 7 years (rounded)

Step-by-step explanation:

5. Annual is one year

Rate = R(ate)/100 = 5.3%/100 = 0.053 per year.

Original Price = 17082.66 / ( 1 + (0.053 * 10)) = 11165.137

Original Price = $11,165.14 (rounded)

6.  Rate = R(ate)/100 = 6%/100 = 0.06 per year,

Time = [1/0.06)((1105.03/779)]- 1) = 6.98

Time = 7 years (rounded)

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