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qwelly [4]
3 years ago
10

Lucas will receive one time cash flows of 7100, 8700 and 12500 at the end of years 1,2, and 3 respectively. What’s is the future

value of these cash flows at the end of year five if he interest rate is 9%?
Mathematics
1 answer:
irga5000 [103]3 years ago
3 0
The future value of this amounts after 5 years in the order they will be recieved will be:
FV=p(1+r/100)^n

a. $7100
FV=7100(1+9/100)^5
FV=7100(1.09)^5
FV=$10,924.23

b.$8700
FV=8700(1+9/100)^5
FV=8700(1.09)^5
FV=$ 13,386.03

c. $12500
FV=12500(1+9/100)^5
FV=12500(1.09)^5
FV=$19,232.80
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Job a, $15/hour, job b, $12/hour, how many hours at each job to earn $360
stira [4]

Answer:

Job A, will take 24 hours and Job B, will take 30 hours

Step-by-step explanation:

12 X 30 = 360 and 15 X 24 = 360

7 0
2 years ago
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Ajax is 5 and 1 fourth feet tall. His sister is 3 eighths foot shorter than Ajax How tall is Ajax Sister?
user100 [1]

Answer:

4\frac{3}{4} feet tall

Step-by-step explanation:

Ajax is "5 and 1 fourth feet tall", which can be written as the mixed number 5\frac{1}{4} .

His sister is "3 eighths foot shorter", so she's 3/8 feet shorter than 5 1/4.

So, this is just a subtraction problem:

5\frac{1}{4} -\frac{3}{8}

To solve this, we want to convert 5 1/4 into an improper fraction, which is: \frac{21}{4} . Now, we want to find a common denominator. In this case, that common denominator is 8, so \frac{21}{4} =\frac{42}{8} .

Finally, we subtract 3/8 from 42/8: \frac{42}{8} -\frac{3}{8} =\frac{39}{8} . So, Ajax's sister is 39/8 feet. Converting this into a mixed number, we have: 39/8 = 4\frac{6}{8} =4\frac{3}{4} .

Therefore, Ajax's sister is 4\frac{3}{4} feet tall.

Hope this helps!

7 0
3 years ago
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Jarvis works in a garage £6 an hour. If he works on Saturday, he is paid time and a quarter. If he works on Sunday, he is paid t
xxMikexx [17]

Answer: He is paid $90 last weekend.

Step-by-step explanation:

Since we have given that

Amount he earns per hour = $6

If he works on Saturday, he is paid time and a quarter .

Amount would be

6\times 1.25=\$7.5

If he works on Sunday, he is paid time and a half.

Amount would be

6\times 1.5=\$9

Number of hours he worked on Saturday = 6 hours

Number of hours he worked on Sunday = 5 hours

So, Total amount he is paid last weekend altogether is given by

6\times 7.5+5\times 9\\\\=\$90

Hence, he is paid $90 last weekend.

5 0
3 years ago
Gente me ajudem prfvv em matemática
Tasya [4]

Answer:

Step-by-step explanation:

Trace a linha de 8cm, daí você vai dividir ela no meio, ou seja, no 4. Aí é só contar 2 cm para cada lado, que vai ser o 1, as pontas vão ser o 2. Tendeu? Daí é só marcar os pontos no -3/7(~-2,3), 1,6, 7/5(1,4), -1 e 0

6 0
2 years ago
Answer the question below please
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Answer:

x=7

Step-by-step explanation:

AC=3x+3  AB=-1+2x and BC=11

AC = AB + BC

ALL THE STEPS:

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3 X + 3 = 2 X + 10

3 X + ( - 2 X ) + 3 = 2 X + ( - 2 X ) + 10

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