Hi there
The formula is
A=pe^rt
We need to solve for p where
A future value 15000
P present value?
E constant
R interest rate 0.059
T time 12 years
So when you solve for p you get
P=A÷e^rt
P=15,000÷e^(0.059×12)
P=7,389.43
Hope it helps
Answer:
29/28
Step-by-step explanation:
Answer:
$99
Step-by-step explanation:
100 - (100 x .10) = 90
90 + (90 x .10) = 99
Write the equation of the cost
p stands for the cost per pear, a stands for the cost per apple
6p + 3a = 3.9
2p + 5a = 3.3
Solve the equation system
To solve the equation system, we work on eliminating variable p so we will find the number of a. To eliminate, we have to change the coefficient of p to the same number (i will change it to coefficient 6)
6p + 3a = 3.9 (multiply 1)
2p + 5a = 3.3 (multiply 3)
---------------------------------
6p + 3a = 3.9
6p + 15a = 9.9
-------------------- - (substract)
-12a = -6
a = -6/-12
a = 0.5
To find the cost per pear, subtitute the number of a to one of the equation
2p + 5a = 3.3
2p + 5(0.5) = 3.3
2p + 2.5 = 3.3
2p = 3.3 - 2.5
2p = 0.8
p = 0.4
The cost of one pear is $0.4
