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Solve, using the Rule of 72 rate = 4%, years = 18, fv=$8,000. Solve for PV.

Formula:

PV = $1/(1+r) t

PV = $8000/(1+.04) 18

PV = $8000/2.0258

3949.03 = $8000/2.20258

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Algebra

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A polynomial of degree zero is a constant term

The grouping method of factoring can still be used when only some of the terms share a common factor A True B False

The sum or difference of p and q is the of the x-term in the trinomial

A number a power of a variable or a product of the two is a monomial while a polynomial is the of monomials

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Q: Solve using the rule of 72 rate equals 4 percent years equals 18 fv equals 8000 solve for pv?
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