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Vedmedyk [2.9K]
3 years ago
10

What is the present value of an asset that yields $1,500 in five years and $3,000 in 10 years if the discount rate is 8%

Mathematics
1 answer:
Eddi Din [679]3 years ago
7 0
I believe the present value would be $1,389.58
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Can you please help me quickly
storchak [24]
Hello there! How are you today?

The answer choices appear to be indicating that we must apply the distributive property to find our simplified expression. To apply the distributive property, we must multiply the number outside of the parenthesis by all numbers inside of the parenthesis.

For example;

2(1 + 3)
Multiply 2 by all numbers inside of the parenthesis separately.

2(1) + 2(3)
2 + 6
8.

Now that we've explained and (hopefully) understand the concept of our problem, let's prepare to solve.

We have the following expression and answer choices:
96 + 36

A.) 4(24 + 9)
B.) 6(16 + 6)
C.) 12(8 + 3)
D.) 18(5 + 2)

Before we proceed to solve for this, let's evaluate our question carefully.

"Tonya uses the greatest common factor and the distributive property to rewrite this sum: 96 + 36"

Now, let's list the factors out from each number.

96;

1 x 96
2 x 48
3 x 32
4 x 24
6 x 16
8 x 12

36;

1 x 36
2 x 18
3 x 12
4 x 9
6 x 6

Now that we've listed our factors, let's take a look and see which answer choices contain our factors and which don't.

A, B, and C all list factors that are shown above. However, D doesn't as it has "5", which we do not have any numbers that end in 5 or 0, so we can remove answer choice "D" off of our list.

We are now remaining with answer choices A, B, and C.

Since the question requests that we use the greatest common factor, let's take a look into our factors and see which one is the greatest.

The greatest common factor is "12", so we should look for the answer choice that best matches 12.

Answer choice "C" is the only answer choice that contains our greatest common factor, 12.

Your answer is "C.)"

I hope this helps!
8 0
3 years ago
If a muffin costs 7¢, how much will 3 muffins cost?​
Goshia [24]

Answer:

21 cents

Step-by-step explanation:

6 0
3 years ago
Read 2 more answers
A heated piece of metal cools according to the function c(x) = (.5)x − 11, where x is measured in hours. A device is added that
e-lub [12.9K]
16.5 degrees below the starting temp, whatever that is. If its 0, then -16.5 degrees.

The first equation would be (.5)5-11=-8.5, because the metal has been cooling for 5 hours.

The device that 'aids' in the cooling would be -5-3=-8, because it is a separate variable that cools the metal, so the amount the device cools is independent of the natural cooling amount, and the equation is independent of the natural cooling equation.
You then add -8.5 and -8, because the device has lowered 8.5 degrees and 8 degrees. This equals -16.5 degrees, or a decrease of 16.5 degrees.
7 0
3 years ago
Which percent is equivalent to 0.3?<br> A. 0.003%<br> B. 0.03%<br> C. 3%<br> D. 30%
Kitty [74]

Answer:

D, 30%

Step-by-step explanation:

you move the decimal point twice to the right

8 0
3 years ago
Read 2 more answers
-17-5(x+3)=3x plz help
katovenus [111]
  1. Start by distributing the -5 into the x and 3
  2. -17-5x-15=3x
  3. add like terms
  4. -5x-32=3x
  5. add 32 to both sides
  6. -5x=3x+32
  7. subtract 3x from both
  8. -8x=32
  9. divide both by -8
  10. x=-4

7 0
3 years ago
Read 2 more answers
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