Find the present value of an investment at 7% annual simple interest which is worth $30,000 after 30 months. Round your answer to the nearest cent.
?

A.
B. ?
C. ?
D. ?
E. ?


Answer: C

Mathematics

You might also like to view...

What number is 76% of 150? 

A. 124 B. 11,400 C. 114 D. 214 E. 57

Mathematics

Solve the problem. Round to the nearest tenth if necessary.A 22-foot ladder is leaning against a house with the base of the ladder 6 feet from the house. How high up the house does the ladder reach? If necessary, round to the nearest tenth foot.

A. 21.8 ft B. 16 ft C. 22.8 ft D. 21.2 ft

Mathematics

Solve the problem.Suppose that y varies directly as the 3/2 power of x, and that y = 192 when x = 16. Find y when x = 9.

A. 3 B. 192 C. 48 D. 81

Mathematics

Solve the problem.A box weighing 77 lb is hanging from the end of a rope. The box is pulled sideways by a horizontal rope with a force of 20 lb. What angle, to the nearest degree, does the first rope make with the vertical?

A. 23° B. 8° C. 15° D. 30°

Mathematics