If the minute hand of a clock moves 45 degrees, how many minutes of time have passed?
1 answer:
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Answer:
- <u>The rate of return is 8.15%</u>
- <u>This is a good investment</u>
<u></u>
Explanation:
For the first question, you need to find the rate that makes the present value of a stream of ten constant annual payments of $15,000 equal to the $100,000 investment.
The formula that returns the present value of a constant payment is called the annuity formula and is:
In your problem you know:
- Present value: $100,000
- payment: $15,000
- r: ?
- t: 10
You cannot solve for r directly. You must guess a value and calculate the right side of the equation until to you find the rate that makes it equal to 100,000.
Try 5%:
Then, the rate of return is greater than 5%. After several trials you will find that the rate of return is 8.15%.
Since this rate is higher than 8%, which is what the company requires, this is a good investment.
Answer:
Step-by-step explanation:
Answer:
d) 2x²(6x³ + 3x + 4)
Step-by-step explanation:
In order to factor the given polynomial, you need to find the greatest common factor of all three terms:
The greatest common factor is '2' and the variable is x². If we factor out 2x² from each term, we get:
2x²(6x³ + 3x + 4)