You expect to have $1000 in one year. A bank is offering loans at 6% interest per year. How much can you borrow today

$943.39622

Step-by-step explanation:

A = final amount, = 1000

Interest, r = 6% = 0.06

Time, t = 1

Principal, P = amount you can borrow today

Using the simple interest formula :

A = P(1 + rt)

1000 = P(1 + 0.06*1)

1000 = P(1 + 0.06)

1000 = P(1.06)

P = 1000 / 1.06

P = 943.39622

first anwser choice.

step-by-step explanation:

the greater/less or equal to symbol (> or < with the line at the bottom) is a closed/filled in circle.

-5c + 2 _< _27

subtract from both sides by 2

-5c _< _ 27

divide both sides by -5

c _< _ 5.4

flip the inequality sign

c _> _5.4

the only possible answer that would match the simplified inequality is the first answer choice