Find the present value of the annuity.
1 answer:
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Answer:
Step-by-step explanation:
We write a function f(x) which gives the values of the function that are dependent on the independent variable "x".
Given: The number of miles on the odometer can be represented by the equation y = x + 40, 000, where y is the number of miles on the odometer, and x is the number of miles you have driven it.
Here y is dependent on x, so we replace y by f(x), then we get
which is the required answer.
