Answer:
-1/5
Step-by-step explanation:
42, because 1/6 of 42 is seven. I could be wrong but I think this is the correct answer
Answer:
D) Only (-1,9) is a solution.
Step-by-step explanation:
x+y =8
x^2 + y = 10
Lets check the first point (-1,9)
Put in x =-1 y =9
x+y =8
-1+9 = 8
8 =8
This works
x^2 + y = 10
(-1)^2 +9 =10
1+9 = 10
10 = 10
This works
Lets check the second point (-2,6)
Put in x =-2 y =6
x+y =8
-2+6 = 8
4=8
This does not work
We can stop now. (-2,6) cannot be a solution
Answer: Scott reads 9 chapters per hour.
Step-by-step explanation:
63/7 = 9
Answer:
- <u>The rate of return is 8.15%</u>
- <u>This is a good investment</u>
<u></u>
Explanation:
For the first question, you need to find the rate that makes the present value of a stream of ten constant annual payments of $15,000 equal to the $100,000 investment.
The formula that returns the present value of a constant payment is called the annuity formula and is:
![Present\text{ }value=payment\times \bigg[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}\bigg]](https://tex.z-dn.net/?f=Present%5Ctext%7B%20%7Dvalue%3Dpayment%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7Br%7D-%5Cdfrac%7B1%7D%7Br%281%2Br%29%5Et%7D%5Cbigg%5D)
In your problem you know:
- Present value: $100,000
- payment: $15,000
- r: ?
- t: 10
You cannot solve for r directly. You must guess a value and calculate the right side of the equation until to you find the rate that makes it equal to 100,000.
Try 5%:
![\$15,000\times \bigg[\dfrac{1}{0.05}-\dfrac{1}{0.05(1+0.05)^{10}}\bigg]=\$115,826](https://tex.z-dn.net/?f=%5C%2415%2C000%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7B0.05%7D-%5Cdfrac%7B1%7D%7B0.05%281%2B0.05%29%5E%7B10%7D%7D%5Cbigg%5D%3D%5C%24115%2C826)
Then, the rate of return is greater than 5%. After several trials you will find that the rate of return is 8.15%.
Since this rate is higher than 8%, which is what the company requires, this is a good investment.