Question
Find the requested value and tell what the other numbers represent. (a) Find r: 250 =...
Find the requested value and tell what the other numbers represent.
(a)
Find r: 250 = 1,000(r)(2)
(Enter the rate as a decimal.)
r =
Identify the following.
interest$, principal$, time
(b)
Find P: 12,600 = P + P(0.05)(8)
P =
$
Identify the following. (Enter the rate as a decimal.)
future value$, rate ,time
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