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3 times 10^4-5 is 6782 and I really need point so I’m just putting random stuff 45 -67
Answer:
we dont have all the information and dont know the question
No is a solid answer and infinite solution well that just means anything
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.
Learn more about Return Amount here brainly.com/question/2456547
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