Answer:
$102,677.20
Step-by-step explanation:
The present value of an annuity due is determined by the following expression:

Where 'P' is the amount of each payment received, 'r' is the interest rate on the investment and 'n' is the number of yearly payments.
With 20 annual payments of $10,000 at a rate of 8.5%, the present value is:

The present value of your winnings is $102,677.20.
Answer: 49/9
Step-by-step explanation:
9x5=45
45+4=49
Answer:
47/5
Step-by-step explanation:
First step: multiply the denominator (bottom of the fraction) of the fraction by the whole number.
5*9 = 45
Second Step: add the numerator
45 + 2 = 47
Third step: Put the result over the denominator.
47/5
Answer:

Step-by-step explanation:

What are you asking here exactly