Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. determine the present value p that must be investe

Determine the present value P that must be invested to have the future value A...

60.1K

Verified Solution

Question

Algebra

image

Determine the present value P that must be invested to have the future value A at simple interest rate r after time t A 5000 r 1 55 t 3 months The present value P that must be invested is Round up to the nearest cent as needed

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

Basic Math
1.2K views

ework Represent the map to the right as a graph Use the abbreviatio Determine whether...

Accounting
1.2K views

What is the difference between the accounting for capitalexpenditures and revenue expenditures? What would...

Finance
1.2K views

QUESTION 1 Read the two cases of Barbican Bank and Intermarket of Zimbabwe and answer the questions...

Chemistry
1.2K views

Which of the following statements is (or are) correct? (1) All transition metal carbonates are soluble...

Biology
1.2K views

Segmentation first evolved in the organisms of phylum Annelida, and vertebrates evolved more recently. How does...

Physics
1.2K views

Please answer these questions: 1) A man stands on the edge of the roof of a...

Biology
1.2K views

Points 1 Which of these is NOT a criticism of the political primary Question 10...

Basic Math
1.2K views

Approximate the area under the curve graphed below from x = 1 to x =...

Calculus
1.2K views

Therefore the anti derivative of Question 4 Answer The anti derivative of It is known...

Algebra
1.2K views

Mary has quarters and nickels in her purse She has six more quarters than nickels...

Accounting
1.2K views

1. Complete the vertical analysis by computing each line item as a percentage...

Accounting
1.2K views

Stockholders' Equity \table[[Common stock,,,1.00,par,],[500,000,shares,authorized,],[120,000,shares,issued,],[,shares,outstandi...,120,000],[Paid-in capital in exces,s of par-common,,23,000],[Retained earnings,,,],[Less: Treasury stock,,amon,,],[21,000,shares,at cost,(34,000)...