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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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Step-by-step explanation:

42 ÷ 7 = 6 - a fraction of the chocolates

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4 years ago
Automobile license plates in Massachusetts usually consist of three digits followed by three letters. The first digit is never z
Serga [27]

Answer:

1,58,18,400

Step-by-step explanation:

1st digit can have the values 1-9 (9 distinct values)

2nd digit can have the values 0-9 (10 distinct values)

3rd digit can have the values 0-9 (10 distinct values)

1st letter can have the value A-Z (26 distinct values)

2nd letter can have the value A-Z (26 distinct values)

3rd letter can have the value A-Z (26 distinct values)

Total number of different plates possible = 9*10*10*26*26*26

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3 0
3 years ago
The basic wage earned by a truck driver for a a 40 hour week is 560.00$ for overtime work the driver is paid one and a half hour
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Answer:

$7

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overtime = 1/2 x daily hourly rate

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560 /40 = 14

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What are the next two terms after 1/8,2/7,3/6,4/5,...? And inductive reasoning for it
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In a 10 x 10 grid that represents 800, one square represents
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Each square represents 8

If it is 10×10 then there is 100 squares

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