answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
galina1969 [7]
2 years ago
6

The formula for the future value V (in dollars) of an investment earning simple interest is V=p+prt, where p (in dollars) is the

principal, r is the annual interest rate (in decimal form) and t is the time (in years).
a. Solve the formula for p
b. An investment earns 6% simple interest. What amount of principal is needed to have $3000 after 5 years? Round your answer to the nearest cent
Mathematics
1 answer:
zhannawk [14.2K]2 years ago
5 0

a)

V=p+prt

now we solve for P

V=P (1+rt)

Divide both sides by (1+rt)

P=V÷(1+rt)...answer

b)

P=V÷(1+rt)

P=3,000÷(1+0.06×5)

P=2,307.69

You might be interested in
If a flower is 6.5 cm wide, its width expressed in millimeters is x mm, where x is
krek1111 [17]
X=65 mm hope this helps.
4 0
2 years ago
A circular logo is enlarged to fit the lid of a jar. The new diameter is 50 per cent larger than the original. By what percentag
laila [671]
25% because u have to divide the diameter of the logo to get the radius.
4 0
2 years ago
Explain how knowing 1+7 helps you find the sum for7+1
ss7ja [257]
1+7 and 7+1 are the same equations. The numbers are just switched around .
Example:
1+2=3
2+1+3

<span>They add up to the same answer no matter where they are placed, therefore knowing 1+7 helps you find the sum of 7+1 (again, because they are the same)  </span>
8 0
2 years ago
A company manufactures women's hosiery. the company sells slightly irregular panty hose through a mail-order catalog service. if
erik [133]
A Company manufactures women's hosiery. The company sells slightly irregular panty hose through a mail-order catalog service. If the company produces 300,000 pairs of hose per day and the probability of a pair not being irregular is 0.92, the average number that will be available for the catalog order department is:
a.22080
b.148.59
c.24000
d.154.92
e.15.49

ANS:<span>C</span>
8 0
2 years ago
Sociologists studying the behavior of high school freshmen in a certain state collected data from a random sample of freshmen in
timurjin [86]

Answer:

C

Step-by-step explanation:

Stay safe hope this helps

5 0
2 years ago
Read 2 more answers
Other questions:
  • Elaine bought $4 worth of apples and $3 worth of lemons did her grocery bag weigh more than 5 1/4
    12·1 answer
  • Elliot has a total of 26 books. He has 12 more fiction books than nonfiction books. Let x represent the number of fiction books
    9·2 answers
  • Christine buys 7 hamburgers and 3 sodas for $27.95. Laura buys 5 hamburgers and 4 sodas for $23.40. How much does a hamburger co
    7·1 answer
  • If the ratio of the sides of two squares is 3:1, what is the ratio of their perimeters?
    9·1 answer
  • Which classification best describes the following system of equations? 3x+6y-12z=36 x=2y-4z=12 4x+8y-16z=48 inconsistent and dep
    5·1 answer
  • Decide, without calculation, if each of the integrals below are positive, negative, or zero. Let D be the region inside the unit
    10·1 answer
  • Marcus states that the polynomial expression 3x3 – 4x2y + y3 + 2 is in standard form. Ariel states that it should be y3 – 4x2y +
    10·2 answers
  • Frequent food questionnaires (FFQ) are a simple way to obtain information on the foods individuals consume by asking them questi
    8·1 answer
  • Nadia built a robot to filter air and water efficiently. She expects the robot to filter more than 343 liters of
    6·1 answer
  • Kenji uses the diagram to determine the quotient of StartFraction 9 Over 10 EndFraction and Three-fifths. A fraction bar labeled
    5·3 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!