How much must be deposited today into the following account in order to have $35,000 in 7 years for a down payment on a house? Assume no additional deposits are made.

The amount that must be deposited is $ 19973.87.

Step-by-step explanation:

We have a relation between future value present value as:

                                       F= P

F=future value

P=present value

r=rate (as a decimal)

n=number of compounding periods per year

t=number of years

Now,

               assume rate as 8%

                                       35000= P

                                or,   35000= P ×

                                      or, P =

                                     or, P = $ 19973.87

So you must deposit $ 19973.87 today.

25 questions , because they start with 100.  

350-100=250 .  

. 250/10=25

step-by-step explanation:

first take off 100, then what x 10 = 250? that is your answer. (25)

5.7622

step-by-step explanation:

the ten thousandths place is the 2. you round it up if, that number in whatever place is 5 or higher.