Answer:
Calculate the Macaulay duration of Annuity B at the time of purchase is 1.369.
Step-by-step explanation:
First, we use 0.93 to calculate the v which equals 1/(1+i).
= 0.93
After rearranging the equation, we get 1.07 + 0.07v - 0.93=0
So, v=0.9
Mac D:
After substituting the value of v, we get Mac D = 1.369.
We have that x = 3, LM = 14 and LN = 2. options A, C and E
<h3>How to determine the value</h3>
We known that the three sides are on a straight line
LM + MN = LN
Let's substitute the values, we have
3x + 5 + 4x = 11x - 7
Collect like terms
3x + 4x - 11x = -7 -5
-4x = -12
x = -12/ -4
x = 3
LM = 3x + 5 = 3(3) + 5 = 14
LN = 11x - 7 = 11(3) -7 = 33 -7 = 26
Thus, we have that x = 3, LM = 14 and LN = 2. options A, C and E
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Answer:
not sure what the question is but here are some possible answers
Step-by-step explanation:
cost 63 - sell price 54 = 9 dollars lost per sweater sold
percentage of lose per sweater would be 14%