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Earn +20 ptsQ: What would the value of 60000 in 1850 be today?
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How much money would you invest that pays 4.8 percent simple interest to have a balance of 1850 after 10 years?
So with simple interest, the same amount is paid each year. F = P + i, with F is the future value, P is the Present value and i is the amount of interest.i = P * r * t, which is Present X rate X time = P * 0.048 * 10 = P * 0.48, so with F = 1850, we have:1850 = P + P*0.48 = P*1.48 --> P = 1850/1.48 = 1250
What is 60 percent of 1850?
60% of 1850 = 60% * 1850 = 0.6 * 1850 = 1,110
What two whole numbers does the value of 43 squared lie between?
It lies between 1848 and 1850. See if you can figure out what it is!
What is the number 1847 rounded to the nearest ten?
1850
What is 10 divided by 1850?
0.0054
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