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kondor19780726 [428]

4 years ago

9

2.

1 answer:

Sidana [21]4 years ago

5 0

Present Value: P=?
Amount per Payment at the end of each year: A=$1,000
Number of years: n=8
Interest rate: i=6%=6/100→i=0.06
Compounded Annually

P=A{[1-(1+i)^(-n)]/i}
P=$1,000{[1-(1+0.06)^(-8)]/0.06}
P=$1,000{[1-1.06^(-8)]/0.06}
P=$1,000[(1-0.627412371)/0.06]
P=$1,000(0.372587629/0.06)
P=$1,000(6.209793811)
P=$6,209.793810
P=$6,209.79

Answer: Present Value is $6,209.79

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Step-by-step explanation:

6 0

3 years ago

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3 years ago

Molly read 50 out of the 200 pages in her fiction book. Joel is also reading a fiction book, but his book has 280 pages in total

katrin [286]

Answer:

$x = 70$

Step-by-step explanation:

Given

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Joel: x out of 280

Required

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Joel = x : 280

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3 years ago

Kiara and Mia went to a county fair. They each paid the same admission fee but they were in a different number of rides. Each ri

aliya0001 [1]

let's take admission fee= z

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same In case of mia

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3 years ago

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kirza4 [7]

Answer:

It's 60

Step-by-step explanation:

It's 60

PLEASE VOTE 5.0 MARK ME BRAINLIEST AND THANK ME

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3 years ago