1 would be B. 2 would be a
The present value of an income of $60 in 2 years and $50 in 1 year at an interest rate of 15% can be computed as ...
... ($60/1.15 +$50)/1.15 = $88.85
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The present value (PV) of an amount (A) received 1 year from now earning annual interest rate r is ...
... PV = A/(1 +r)
For a sequence of non-uniform payments, we can work backward through the years as we did above.
Answer:
ADD 6
Step-by-step explanation:
-11 + 6= -5
Answer:
20/5 = 4
Step-by-step explanation:
since each person will get 1/5 of the original 20 ounces, you would divide the pretzels into 5 equal portions of 4.
Answer:
y - 3 = - 1/4(x + 2)
Step-by-step explanation:
m = - 1/4
Point = (-2,3)
y-intercept = 3 - (- 1/4) (-2)
= 3 - 1/2 = 5/2
y = - 1/4x + 5/2
