Answer:
Original Value= $361.21
Step-by-step explanation:
Giving the following information:
The value of the savings bond increases by 3% each year. One year after it was purchased, the value of the savings bond was $515.
<u>To calculate the original value of the bond, we need to use the following formula:</u>
OV= PV/(1+i)^n
OV= original value
PV= present value
i= increase rate
n= number of months
OV= 515 / (1,03^12)
OV= $361.21
I would say around 25 to 35
Answer:
Interest rate avertised by borrowers
Step-by-step explanation:
Answer:
draw line through X which is parallel to other two lines
by alternative angles, X = 50 + 70 = 120°
-30+-15
=-45
hope that helps
