Answer:
3 years
Explanation:
The computation of the time period is shown below
Present value of annuity = Annuity × [1 - (1 + interest rate)^-time period] ÷ rate
$2,000 = $734.42 × [1 - (1.05)^-n] ÷ 0.05
$2,000 = $14,688.4 × [1-(1.05)^-n]
1-(1.05)^-n = ($2000 ÷ $14,688.4)
(1.05)^-n = 1 - ($2000 ÷ $14,688.4)
( 1 ÷ 1.05)^n = 0.86383813
Now take the log to the both sides
n × log(1 ÷ 1.05) = log0.86383813
n = log0.86383813 ÷ log (1 ÷ 1.05)
= 3 years
Governments money is usually spent for weapons or vaccines for sicknesses.
What this agent has to do should be to advise the buyer that there may be special assessments levied against property.
<h3>Who is a house agent?</h3>
This is a person that acts as a third party to a person that wants to buy or rent a house and the person that is giving out the property.
The agent here has to tell the buyer that the reason for these taxes is the fact that there are other levies on the property.
Read more on house agents here:brainly.com/question/13957036
A traditional cover letter’s format includes an introduction, a body and a closing paragraph.
The information about the question is incomplete, hence the general answer. It is to be noted that the question is about Gantt Charts.
<h3>What is a Gantt Chart?</h3>
A Gantt Chart is a two-dimensional representation of a project showing the volume of work to be done, how the work is broken down into various parts, how long each part will take, those responsible for each part of the project, and even where each project overlaps.
Gantt chart (sample attached) is very crucial for Project Management. The goal of using a Gantt chart is to ensure that the project is completed on or before the scheduled time in order to prevent losses.
Please note that a Gantt Chart can be created and edited using MS Exel Worksheet.
Learn more about Gantt Chart at:
brainly.com/question/5515485
