Answer:
11/20
Step-by-step explanation:
22/50 is equivalent because if you multiply 50 by 2 to get 100, then multiply 22 by 2, you get 44 out of 100 (44). For 11/20 if you multiply 20 by 5 to get 100, then multiply 11 by 5, you get 55 out of 100 (55). Do the same thing for all the other ones. I hope this helps! Please mark me brainliest thanks!
Answer:
The PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is 5.5% is $20,352.
Step-by-step explanation:
P = PMT [(1 - (1 / (1 + r)
)) / r]
= 2,700 [(1 - (1 / (1 + 0.055)
)) / 0.05]
= 2,700 [(1 - (1 / (1 + 0.055)
)) / 0.05]
= 2,700 [(1 - (1 / (1.708)) / 0.05]
= 2,700 [(1 - 0.58)) / 0.05]
= 2,700 [(0.41457) / 0.05]
= 2,700(7.53)
=$ 20,352
Question 2 the answer is 4
Answer:
hope it will help u in understanding
Your answer would be A hope this helps!