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janaiartia
17.10.2019 •
Mathematics
Future value = present value × (1 + i)t `"present value" = "future value" / (1 + i)^"t"` todd currently has $5,000. what was the value of his money four years ago if he's earned 4 percent interest each year?
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Ответ:
$4.992,16
Step-by-step explanation:
We need the apply the equation for present value, and we suppose $5.000 is our future value
i is the interest=4%=0,04
t is the years =4
Introducing those values in the equation, we have:
"present value"=5.000/(1+0,04)⁰⁰⁴
Present value=5.000/1,00157
Present value=4992,16
And this present value for us is going to be the value 4 year before
Ответ:
5027 square centimeters (cm2)
Step-by-step explanation: