Question

If Sarah can earn 4 percent annually for the next 35 years, the amount of money she will have to invest today is

Answer 1

im dumb

Answer 2

are you sure that's the complete question?

Answer 3

yes

Answer 4

ok i will get back to you

Answer 5

We seem to be missing a piece of data. Does the problem state how much Sarah will have at the end of 4 years? The formula is:

FV =PV(1+r)t

Where FV is the future value, PV is the present value, r is the annual interest rate expressed as a decimal, and t is years. You gave us r and t, but not FV. To solve for PV (present value), we need FV, r, and t...
....... hope it helps...........