Answer:
17640
Step-by-step explanation:
at a discount of 10% per year $4900 is equal to $490 per year
payment started 6 years ago from now and ended 20 years from now
therefore there is an accumulation of 26 years
for 26 years = 26 *$490= $12740
present value therefore = $4900+$12740=$ 17640
<u>Answer:</u>
1
you rise 1
then run to the right 1
1/1 = 1
let me know if you need a more in-depth explanation.