Answer:
We have to discount these payments to find the present value
500,000
500,000/1.1
500,000/1.1^2
500,000/1.1^3
We keep on doing this until we reach 500,000/1.1^19
After that we add all the payments and get the value. A less time consuming way of doing it is using a financial calculator
Pv=?
N=19
FV=0
PMT=500,000
=4,182,460.05 we add 500,000 to this because the first payment was not discounted=4,682,460.05= Present Value.
Explanation:
Answer:
No, the circles do not overlap
Explanation:
r = Radius of circle
A = Area = 3.14 square feet
Area of one circle



The radius of the each of the circles is 1 ft.
If the circles centers are 4 ft apart then the distance between the curves of the circle will be 2 ft apart.
So, the circles do not overlap each other. This is shown in the diagram.
Answer:
C. The government can change the reserve
ratio.
I believe that it’s C
ANSWER =C