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4 years ago

Round 784.967 to the nearest whole number

Business

2 answers:

ella [17]4 years ago

5 0

784.967 rounded to the nearest whole number is 785

katrin [286]4 years ago

3 0

Answer:

The answer would be 785.

Explanation:

In mathematics, there are many types of number, like whole numbers, odd numbers, even numbers, etc. Each type has its own description and meaning in the world of mathematics. Here it is asked to round off a number to the nearest whole number. So we first need to understand what the whole number is. A whole number is any integer which is written without fraction. Any number without fraction is a whole number. For example 0, 1, 2, 3, and so on. So in this question, the nearest whole number to 784.967 is 785, which is a number without fraction.

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3 years ago

Dan Weaver wants to set up a fund to pay for his daughter's education. In order to pay her expenses, he will need $20,000 in fou

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Explanation:

We are to find the present value of the cash flows from year 4 to 7

Present value can be calculated using a financial calculator

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To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

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Explanation:

To calculate the future value of an annuity paid at the beginning of the period, you have:

$VF = A\left[\frac{(1+i)^{n+1} - (1+i)}{i}\right] = 100\left[\frac{(1.05)^{19} - (1.05)}{0.05}\right] = 2953.9$

To calculate the future value of an annuity paid at the end of the period, you have:

$VF = A\left[\frac{(1+i)^{n} - 1)}{i}\right] = 100\left[\frac{(1.05)^{18} - 1)}{0.05}\right] = 2813.24$

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