Time remaining:
P=A(l+r)^-n explain the cost in the trip which is $4500.00 the rate is %5

Algebra
Tutor: None Selected Time limit: 0 Hours

P=A(l+r)^-n (Present value formula)

the cost of my trip is $4500.00

it will take 12 years

the rate is 5%

How can i solve this equation?

May 19th, 2015

A=$4500, n=12 years, r=5%=0.05

Plug them in, you can solve it now. 

May 19th, 2015

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
May 19th, 2015
...
May 19th, 2015
Dec 6th, 2016
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer