Determine the present value P that must be invested to have the future value A at simple interest rate r after time t. A = $8000.00, r = 10.5%, t = 9 months
$
(Round up to the nearest cent as needed.)

$7,415.99

Step-by-step explanation:

Hello, please consider the following.

So it gives $7,415.99

Thank you.

multiple all that

step-by-step explanation:

27×17

< xcy ≅ < xby

step-by-step explanation:

in δcax and δbax,

so, δcax ≅ δbax (side-angle-side or sas)

since δcax ≅ δbax, we can conclude < acx ≅ < abx

in δacy and δaby,

so, δacy ≅ δaby (side-angle-side or sas)

since δacy ≅ δaby, we can conclude < acy ≅ < aby

now,

< acy ≅ < aby

=> < acx + < xcy ≅ < abx + < xby

=> < acx + < xcy ≅ < acx + < xby   (since < acx ≅ < abx already proved above)

subtracting < acx from both sides, we get

< acx + < xcy -< acx ≅ < acx + < xby -< acx

cancelling out < acx and -< acx from both sides, we get

< xcy ≅ < xby (proved)