The present value of the investment is $6000.
According to the statement
Principal amount = $500
and Return amount = 10.5%
Time period = 20 years.
Now we find the present value of money then
By the formula
PV = P[1-(1+r)^n]/r
PV = 500[1-(1+0.10)^20]/0.10
PV = 6000
So, The present value of the investment is $6000.
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Answer:
Step-by-step explanation:
Conditional Statements
"The hypothesis is the first, or “if,” part of a conditional statement. The conclusion is the second, or “then,” part of a conditional statement. The conclusion is the result of a hypothesis."
Answer:
Area = 1.54
Step-by-step explanation:
Area = π
π = 3.14
diameter = 1.4
radius (half of diameter) = 0.7
Area = 3.14 x 
Area = 3.14 x 0.49
Area = 1.5386
round to the nearest hundredth:
1.5386 = 1.54
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For the given geometric series the value of the common ratio(r) is 3, while the value of a₁ is 1.
<h3>What is geometric series?</h3>
A series of numbers whose any two consecutive numbers are always in a common ratio of that series.
Given to us
Series, 1 3 9 27 81
To find the value of the common ratio(r), we will simply find the ratio of any two consecutive numbers, therefore,

As we can see the common ratio of the given series is 3, therefore, every next number will be thrice the number before.
We need to find the value of a₁ for the given series, and as we know that a₁ is the first number of the series with which the series is starting, therefore,
a₁ = 1
Hence, for the given geometric series the value of the common ratio(r) is 3, while the value of a₁ is 1.
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