Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. consider the present value of the following achiev

Consider the present value of the following achieve 6 000 in three years at 2...

60.1K

Verified Solution

Question

Basic Math

image

Consider the present value of the following achieve 6 000 in three years at 2 5 simple interest Determine the future value A in dollars the annual interest rate r as a decimal and the time t in years A r Find the present value using the present value formula and a calculator Round your answer to the nearest cen th

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Operations Management
1.2K views

Selling expensive insurance policies Ahmad works for a life insurance company as a sales representative. He has...

Biology
1.2K views

It is well known that sugars glucose and fructose are the primary fermentable substrates. However, malic...

Programming
1.2K views

Which of the following WHERE clauses could return the value “Ravnica” from the field SET? Select one: a. WHERE...

Biology
1.2K views

what is the Threat to biodiversity in the Great basin desert?give description, what is it, where,...

Physics
1.2K views

Blue frequencies of light are scattered by molecules in the atmosphere O Dispersion within water...

Physics
1.2K views

CAREER ENDEAVOUR Problem Consider a two dimensional hexagonal lattice if lattice spacing a 3 and...

Geometry
1.2K views

Two interior angles of a triangle are 88 and 47 Please write in the 3...

Algebra
1.2K views

If the figure pattern shown below were continued which figure number would have 250 sma...

Accounting
1.2K views

Kimmel, Financial Accounting, 8e Assignment Gradebook ORION Downloadable eTextbook ment Exercise 10-12 Assume that the...

Accounting
1.2K views

Juill earh their target profit UuP calculations A Compute breakeven and project income (Learning Objectives...

Accounting
1.2K views

\table[[$ millions,2019,2018,2017],[Interest expense,$3,576,$3,240,$2,323

Finance
1.2K views

The Dakhla Shipbuilding Company has a noncancelable contract to build a small cargo ship. Construction...