lilangie1989 lilangie1989

29-07-2019
Mathematics

contestada

find the present value of an investment that is worth 19513.75 after earning 3% simple interest for 51/2 years answer

Respuesta :

mendelson mendelson

29-07-2019

Answer:

x+ x×3%×11/2=19513.75 considering 3% interest per year for 5 and a half years

x=8375

Step-by-step explanation:

x×233/200=19513.75

x=1951375/233

x=8375

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