Answer:
The answer would be D t is less than or equal to 375
Step-by-step explanation:
Because he wants to save 275 and 275+375 is 650. so if he wants to save at least 275 he can only spend a max of 375.
Answer:
Step-by-step explanation:
present value of dividend for three years =
2.50 x 1.2 / 1.15 + 2.5 x 1.2² / 1.15² + 2.5 x 1.2³ / 1.15³
= 2.6087 + 2.722 + 2.84
= 8.17
present value of future cash flow after three years
= 2.5 x 1.2³ x 1.08 / .15 - .08
66.65
present value
= 66.65 / 1.15³ = 43.823
Total present value = 43.823 + 8.17
= 52 approx .
Answer:
the yearly interest would be 160.00
Step-by-step explanation:
