Answer:
present value = $16750
Step-by-step explanation:
The simple interest formula allows us to calculate A, which is the final amount. According to this formula, the amount is given by A = P (1 + r*t), where P is the principal, r is the annual interest rate in decimal form, and t is the loan period expressed in years
simple interest formula:
t: time
P: present value
A: amount
r
: anual interest
A = P (1 + r*t)
P = A / (1 + r*t)
P = 19,513.75 / (1 + 3/100 * 5.5)
P = 19,513.75/ (1 + 0.165)
P = 19,513.75 / 1.165
P = 16750
present value = $16750
Answer:
7 cents/mile
Step-by-step explanation:
You are looking for a unit rate of cents per mile.
Change the dollar amount to cents, and divide by the number of miles.
$13.08 * (100 cents)/$ = 1308 cents
(1308 cents)/(183 miles) = 7.001 cents/mile
Answer:
770000
Step-by-step explanation:
im not sure
To find this, turn the word question into an equation.
"One less than" means - 1, which is 1 being subtracted from something.
"half a number" means 1/2x, since 1/2 is half and x is unknown.
"is 12" means = 12, which is something equals 12.
Putting this in order would be 1/2x, then - 1, then = 12.
As an equation, this is 1/2x - 1 = 12.
So the equation is 1/2x - 1 = 12
Now you must find the number by solving this equation.
1/2x - 1 = 12
First, add 1 to both sides.
12 + 1 = 13
1/2x = 13
Now multiply both sides by 2.
This way, x will be isolated since 1/2x • 2 = 1x, and 1x = x.
13 • 2 = 26
x = 26
The number is 26.