Answer:
the bottom left is wrong
Step-by-step explanation:
if u add 40+5+7/10+1/100 it'll only equal to 45.71
<h3>Solution :</h3>
By cross multiply, we get
Therefore, answer is 
5 = what percent of 23
5 = x% of 23
5 = (x/100)*23
5 = 23x/100
5*100 = 23x
23x = 5*100
x = 5*100/23
x = 21.739
5 is ≈ 21.739% of 23
Answer:
It would be True
Step-by-step explanation:
2+5x = -8
SUBTACT 2 on both sides and it would look like this:
5x = -8 - (2)
5X= -10
then DIVIDE 5 both side to get "X" ALONE,
x= -10/5
then divide -10 with 5
equal to:
x = -2
Answer:
there is an economic principle that states that 1 dollar today is worth more than 1 dollar in the future, since an invested dollar could earn interests and gain value.
For example, we can assume a 6% interest rate (0.5% monthly interest rate), and using the present value formula we can determine the present value of $100:
- given to us in 30 days = $100 / (1 + 0.5%)¹ = $99.50
- given to us in 150 days = $100 / (1 + 0.5%)⁵ = $97.54
- given to us in 300 days = $100 / (1 + 0.5%)¹⁰ = $95.13
In order to calculate the value of $100 given to us tomorrow, we would need to determine a daily interest rate = 6% / 360 = 0.00017
- $100 given to us tomorrow = $100 / (1 + 0.00017)¹ = $99.98
since the amount of money is not that large and the interest rate is rather low, the difference in value is not that large. But imagine if you used a 24% interest rate instead of 6% (monthly interest rate = 2%)
- $100 given to us in 30 days = $100 / (1 + 2%)¹ = $98.04
- $100 given to us in 150 days = $100 / (1 + 2%)⁵ = $90.57
- $100 given to us in 300 days = $100 / (1 + 2%)¹⁰ = $82.03
as the interest rate increases, the present value decreases.
