I think it’s y = 1x + 13.
The preferred gig is the first one since its today's worth is greater than the today's value of the second gig
What is the today's worth of $5000 each year?
The worth of the second gig, which pays $5000 every year for the next 6 years in today's dollar is the present value of all the six annual cash flows discounted using the present value formula of an ordinary annuity as shown below:
PV=PMT*(1-(1+r)^-N/r
PV=present value of annual payments for 6 years=unknown
PMT=annual payment=$5000
r=required return=discount rate=8%
N=number of annual cash flows=6
PV=$5000*(1-(1+8%)^-6/8%
PV=$5000*(1-(1.08)^-6/0.08
PV=$5000*(1-0.630169626883105)/0.08
PV=$5000*0.369830373116895
/0.08
PV=$23,114.40
The fact that the present value of the second option which pays $5000 annually is lesser than the amount receivable immediately, which is $25,000, hence, the first gig is preferred
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Answer:
mATHeMaTics is Very FUN
Step-by-step explanation:
When coding the word OUCH using the Bacon's code alphabet with binary numbers we have:
O=01110
U=10100
C=00010
H=00111
Following the rule of lowercase and uppercase letters in the dummy message we will have:
O U C H
0 1 1 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1
m A T H e M a T i c s i s V e r y F U N
Answer:
14
Step-by-step explanation:
-4 |-5| = -20
-2(-17) = 34
34-20 = 14
Step-by-step explanation:
•Priya's age = 15 years,
•Amirah's age = (15 + 4) = 19 years
•Shirley's age = (x - 2) = 13 years
Let Priya 's age = x years
Amirah's age = (x + 4) years
Shirley's age = (x - 2) years
✦To find, their respective ages = ?
According to question:
⇒ x+(x+4)+(x-2) = 47
⇒ 3x+2 = 47
⇒ 3x = 47-2 = 45
⇒x = 45/3
⇒ x = 15
∴ Priya's age = 15 years
∴ Amirah's age = (15 + 4) = 19 years
∴ Shirley's age = (x - 2) = 13 years
