Answer:
present value = $16750
Step-by-step explanation:
The simple interest formula allows us to calculate A, which is the final amount. According to this formula, the amount is given by A = P (1 + r*t), where P is the principal, r is the annual interest rate in decimal form, and t is the loan period expressed in years
simple interest formula:
t: time
P: present value
A: amount
r
: anual interest
A = P (1 + r*t)
P = A / (1 + r*t)
P = 19,513.75 / (1 + 3/100 * 5.5)
P = 19,513.75/ (1 + 0.165)
P = 19,513.75 / 1.165
P = 16750
present value = $16750
Although the information has been presented in a baffling way in this question, but I think I understood the expressions.
We have been given that price of monster truck is x dollars and there is an 13% monster truck tax.
We can express the monster truck tax amount as
.
Therefore, the total amount including tax will be
.
We can now match each statement with its equivalent expression as shown below
The price of Camacho’s new truck before tax = x
The amount of tax Camacho pays = 0.13x
Camacho’s total bill for the monster truck = 1.13x
None of these = 0.87x
5 1/2 cjyfjyfjycjyccgjcyjcgjcjycjcjycjycjycjgcjycjycjy
Answer:
25
Step-by-step explanation:
25 because when you add 12 and 5 then subract the numerator you get 25