document.write( "Question 201911: Please Help:
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document.write( "Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.\r
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document.write( "$23,749 for 107 days; money earns 8.5%
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document.write( " A) $577.39
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document.write( " B) $23,176.88
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document.write( " C) $21,888.48
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document.write( " D) $23,171.61
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Algebra.Com's Answer #152182 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! first find the interest rate for 107 days. \n" ); document.write( ".085/365=.000232876*107=.024917808 \n" ); document.write( "23749/1.0249170=23171.61 (D) \n" ); document.write( " |