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professor190 [17]
3 years ago
10

Which mission made the United States the clear leader in the space race?

History
1 answer:
stich3 [128]3 years ago
8 0
Future value = FV = $6000

Time period = n = 8

interest rate = r = 12%

Present value (PV) is calculated using the formula:

PV = FV/(1+r)n

Present Value = PV = 6000/(1+12%)8 = 6000/1.128 = 2423.299368

Answer -> 2,423
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