SOLUTION: determine the present value you must invest to have the future value A at simple interest rate r after time t
a=8000 r=12% t=13 weeks
Algebra.Com
Question 755432: determine the present value you must invest to have the future value A at simple interest rate r after time t
a=8000 r=12% t=13 weeks
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
)
which can be written
Where 
is the present value, 
is the future value, 
is the interest rate expressed as a decimal, and 
is the time in years. Hint: There are 52 weeks in a year.
John
Egw to Beta kai to Sigma
My calculator said it, I believe it, that settles it
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