This cash flow is a perpetuity. To find the present value of perpetuity, we use the equation of
Pv=C÷r
Pv=39,000÷0.058
Pv=672,413.79
12 can go into 54 only 4 times because 4•12 is 48. Now 56-48=6 so this is the remainder 6/12 wish can be simplified to 1/2 so your answer is 4 1/2 or 4.5. Hope this helps <333
Answer:
$2.17
Step-by-step explanation:
Our result when dividing 26 by 12 becomes 2.166666......
This is a problem,
Luckily, the question asks us to round to the nearest penny, or hundredths, for calculation's sake.
This brings our answer to 2 dollars and 17 cents
Answer:
y= 4/5x + 1
Step-by-step explanation:
Answer:
about 48.6%
Step-by-step explanation:
20 women's shoes are athletic.
35 women's shoes are formal.
52 women's shoes are casual.
The total number of women's shoes is 107. So the probability that a randomly selected one is casual is:
P = 52/107
P ≈ 48.6%