The present value of the investment is $6000.
According to the statement
Principal amount = $500
and Return amount = 10.5%
Time period = 20 years.
Now we find the present value of money then
By the formula
PV = P[1-(1+r)^n]/r
PV = 500[1-(1+0.10)^20]/0.10
PV = 6000
So, The present value of the investment is $6000.
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Answer:
J-o+e m=a+m-a
Step-by-step explanation:D+e_e_z n-u+t-s
Answer: You need to show us the models.
Step-by-step explanation:
please
Mercury has the greater density than that of Venus .
Answer:
-33
Step-by-step explanation:
The sequence is descending so the nth term would be -10n and the 0 term would be 27 so the nth term for the sequence would be -10n +27.
The question asks you to find the 6th term so (-10 x 6) + 27 = -60 + 27 = -33
