How much money must be deposited now in an account paying 7% annual interest compounded yearly to have a balance of $1000 after 6 years

P = $70.42

Step-by-step explanation:

Equation:

P = A / (1 + rt)

Calculation:

First, converting R percent to r a decimal

r = R/100 = 7%/100 = 0.07 per year.

Solving our equation:

P = 100 / ( 1 + (0.07 × 6)) = 70.422535211268

P = $70.42

The principal investment required to get a total amount, principal plus interest, of $100.00 from simple interest at a rate of 7% per year for 6 years is $70.42.

answer: group b.

step-by-step explanation:

x² + 11x + 18 < 0  

[-11 ± sqrt(121 - 72)]/2 = (-11 ± 7)/2  

solution: (-9, -2)

step-by-step explanation: