A=p (1+I/k)^kn
A future value 160000
p present value ?
I interest rate 6/100=0.06
K compounded semiannual 2
T time 18-7=11years
160000=p (1+0.06/2)^(2×11)
Divide each side by (1+0.06/2)^(2×11)
P=160,000÷(1+0.06÷2)^(2×11)
P=83,502.8
Hope it helps:-)
Answer:
c
Step-by-step explanation:
They are both labeled as 3 feet, so both must be equal, unless you doubt the labeling. Unless that is so, then both segments are equal.
Answer:
The train going 30 miles in 1/3 hour is going faster than the other train.
Step-by-step explanation:
Calculate each rate by dividing the distance traveled by the amount of time it takes to cover that distance:
30 / (1/3) = 90 mph
20 / (1/2) = 40 mph