Annuity formula is given by:
FV=P[(1+r)^n-1]/r
FV=future value
r=rate
n=time
P=principle
Plugging the value from the question we obtain:
FV=10000[(1+0.07)^6-1]/0.07
FV=71,532.91
Thus the current value of the annuity is given by:
A=p(1+r)^n
plugging in the values we obtain and solving for p we get:
71532.91=p(1+0.07)^6
p=71532.91/(1.07)^6
p=$47665.40
Hence the answer:
B] $47665
Answer: 50000
Step-by-step explanation:
Significant figures : The figures in a number which express the value -the magnitude of a quantity to a specific degree of accuracy is known as significant digits.
Rules for significant figures:
Digits from 1 to 9 are always significant and have infinite number of significant figures.
All non-zero numbers are always significant. For example: 654, 6.54 and 65.4 all have three significant figures.
All zero’s between integers are always significant. For example: 5005, 5.005 and 50.05 all have four significant figures.
All zero’s preceding the first integers are never significant. For example: 0.0078 has two significant figures.
All zero’s after the decimal point are always significant. For example: 4.500, 45.00 and 450.0 all have four significant figures.
Thus 52961 when rounded off to one significant figure will be 50000.
Answer : -3/4 ..............
Answer:
25
Step-by-step explanation:
4.5×5.5=24.75
so 24.75 is the area of the room but you have to buy whole tiles so you would need to but 25 tiles