Answer:
Step-by-step explanation:
There are 12 inches in a foot.
Answer:
12 eggs
Step-by-step explanation:
Total no. of eggs collected=30
Percentage of eggs broken=40%
No. of eggs still good:-
40/100×30
=)0.4×30
=)12eggs
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To calculate the present value we shall proceed as follows:
from the present value table, the percentage corresponding to discount factor of 0.7008 in 5 years is 7%
therefore using the formula:
FV=PV(1+r/100)^n
where:
FV=$1000
PV=?
r=7%
hence:
1000=PV(1+7/100)^5
PV=1000/(1+7/100)^5
PV=712.986
