The formula is
A=p (1+r)^t
A future value?
P present value 160000
R interest rate 0.16
T time 3years
A=160,000×(1+0.16)^(3)
A=249,743.36
Use that future value to find the present value at a rate 8% compounded annually
To find p (present value) solve the formula for p
P=A÷ (1+r)^t
Where r is 0.08
P=249,743.36÷(1+0.08)^(3)
p=198,254.33
Answer:
20 possible outcomes
Step-by-step explanation:
0.52 x 0.24 means "about a half times 0.24". Given the multiple choice answers, the correct answer is therefore 0.1224 (since this is the only one smaller than 0.24).
Proof:
0.50 × 0.24 = 0.12
0.01 × 0.24 = 0.0024
And therefore 0.51 × 0.24 = 0.12 + 0.0024 = 0.1224
Answer:wha
Step-by-step explanation:
Multiplying a positive and a negative equals a negative: (+)×(-)=(-)
Calculate the product
