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Darya [45]
3 years ago
14

The average test score of rsm students in september increased by 10%. in october it increased by another 15%. by what percent di

d the average score on the test increase during the two months?
Business
1 answer:
tia_tia [17]3 years ago
3 0
If the average test score of RSM students in the month of September is increased by 10 percent and on the next month another 15 percent. The total percentage of the average score on the test increase during the two months time is around 3.77 percent.
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You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $35,000, $39,000, $80,000,
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The value of the settlement today =  $231,897.79  

Explanation:

The value of the settlement today is the sum of the present value (PV) of cash inflows discounted at the discount rate of 5.7 %.

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1              35,000 × 1.057^(-1)   = 33112.58

2                39,000× 1.057^(-2) = 34907.16

3.               80,000× 1.057^(-3)  = 67743.09

4                 120,000 × 1.057^(-4) =96134.94

The Pv of the total cash in flow =33,112.58  +  34,907.17  +  67,743.09  +  96,134.95  =  231,897.79  

The value of the settlement today =  $231,897.79  

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