This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Determine the present value, P, you must invest to have the future value, A, at simple interest rate ... (Read 1658 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Feb 2, 2020

Question 1

Determine the present value, P, you must invest to have the future value, A, at simple interest rate r after time t. Round answer to the nearest dollar.

A = $204.80, r = 7%, t = 4 years
◦ $164
◦ $167
◦ $160
◦ $164.70

Question 2

Determine the present value, P, you must invest to have the future value, A, at simple interest rate r after time t. Round answer to the nearest dollar.

A = $621.00, r = 14%, t = 3 months
◦ $6014.00
◦ $601.00
◦ $600.00
◦ $150.00
Thinking Mathematically ¦ Blitzer ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by WhattoUnderstand on Feb 2, 2020

asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Reply #1 on: Feb 2, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 45% of students answer this correctly


Futur' Spark

  • Newbie
  • *
  • Posts: 1
Reply #2 on: Mar 29, 2020
Thank you


Pashmeena Niazi

  • Newbie
  • *
  • Posts: 1
Reply #3 on: Nov 18, 2021
thank you


« previous next »
 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

A nurse adjusts the rate of a client’s IV. A nurse adjusts the rate of a client’s IV.
C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi C, A nurse can also administer the medication by setting the dose and rate with an electronic infusi
Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ... Spring force, crankcase pressure, and intake manifold vacuum work together to regulate the flow rate ...
Given the values of sin θ, determine the values of θ over the interval [0, 2pi] Given the values of sin θ, determine the values of θ over the interval [0, 2pi]
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Use Fleury’s algorithm to determine Euler Circuit in the following graph. Exhibit exactly one ... Use Fleury’s algorithm to determine Euler Circuit in the following graph. Exhibit exactly one ...
Video: Hydrogen bonds vs. Ionic bond

For a complete list of videos, visit our video library