Answer:
The amount that must be deposited is $ 19973.87.
Step-by-step explanation:
We have a relation between future value present value as:
F= P
F=future value
P=present value
r=rate (as a decimal)
n=number of compounding periods per year
t=number of years
Now,
assume rate as 8%
35000= P
or, 35000= P ×
or, P =
or, P = $ 19973.87
So you must deposit $ 19973.87 today.
Step-by-step explanation:
Commission earned
= 1/32 * Total sales
= 1/32 * $24,000
= $750.
Answer:
16.5+13.6+12.4.17.7= 60.2
60.2÷4 =15.05
Answer:
the ratio of apples to oranges is 4 to 3
Answer:
The answer is 1500.
Step-by-step explanation:
To solve this problem you should change 3% to a decimal. We do this by moving the decimal 2 places to the left. The decimal form of 3% is 0.03. We then have to divide 45/0.03 in order to get our answer.
I hope this helped :)