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Find the present value, using the future value formula and a calculator. Future value is $6,000 in two years at 9.5% simple interest. Round your answer to the nearest cent (two decimal places). Enter only the number without $ sign. $ Blank 1 Blank 1 Add your answer

Find the present value, using the future value formula and a calculator. Future value is $6,000 in two years at 9.5% simple interest. Round your answer to the nearest cent (two decimal places). Enter only the number without $ sign. $ Blank 1 Blank 1 Add your answer

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Find the present value, using the future value formula and a calculator. Future value is $6,000 in two years at 9.5% simple interest. Round your answer to the nearest cent (two decimal places). Enter only the number without $ sign. $ Blank 1 Blank 1 Add your answer
Transcribed Image Text:Find the present value, using the future value formula and a calculator. Future value is $6,000 in two years at 9.5% simple interest. Round your answer to the nearest cent (two decimal places). Enter only the number without $ sign. $ Blank 1 Blank 1 Add your answer
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<> Blank 1 QUESTION Expert Solution Step 1 let Pu = Step 2 Homework help starts here! ← Q&A Library Transcribed Image Text: Find the present value, using the future value formula and a calculator. Future value is $6,000 in two years at 9.5% simple interest. Round your answer to the nearest cent (two decimal places). Enter only the number without $ sign. $ Blank 1 Blank 1 Add your answer simple interest Add your answer present value Fu Pu x R xt 100 Still Need Help? FOLLOW UP QUESTION = future value FEEDBACK Type your question here... 6000rate (R) = If you have a question about the solution above, ask a follow-up question! WAS THIS HELPFUL? bartleby.com 9.5% simple interesttime (t) RECOMMENDED QUESTIONS Follow-up questions count towards your questions limit. You have 5 questions left. Find the present value, using the future value formu... Pux 9.5 x 2 100 ASK AN EXPERT | = 2 years SHARE = . 19Pu CHAT | VX MATH SOLVER EE Not helpful? See similar books Stuck on your homework? Ask a question and get an expertly curated answer, in as fast as 30 minutes.* ASK AN EXPERT 5 of 30 Questions Left until Dec 1, 2022 *Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers. ← +
Transcribed Image Text:<> Blank 1 QUESTION Expert Solution Step 1 let Pu = Step 2 Homework help starts here! ← Q&A Library Transcribed Image Text: Find the present value, using the future value formula and a calculator. Future value is $6,000 in two years at 9.5% simple interest. Round your answer to the nearest cent (two decimal places). Enter only the number without $ sign. $ Blank 1 Blank 1 Add your answer simple interest Add your answer present value Fu Pu x R xt 100 Still Need Help? FOLLOW UP QUESTION = future value FEEDBACK Type your question here... 6000rate (R) = If you have a question about the solution above, ask a follow-up question! WAS THIS HELPFUL? bartleby.com 9.5% simple interesttime (t) RECOMMENDED QUESTIONS Follow-up questions count towards your questions limit. You have 5 questions left. Find the present value, using the future value formu... Pux 9.5 x 2 100 ASK AN EXPERT | = 2 years SHARE = . 19Pu CHAT | VX MATH SOLVER EE Not helpful? See similar books Stuck on your homework? Ask a question and get an expertly curated answer, in as fast as 30 minutes.* ASK AN EXPERT 5 of 30 Questions Left until Dec 1, 2022 *Response times may vary by subject and question complexity. Median response time is 34 minutes for paid subscribers and may be longer for promotional offers. ← +
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