Answer:
b
Step-by-step explanation:
bet
168 students because 28% of 600 is 168.
Hey dude we’re both from Nepal so here’s the written worksheet hope it helps :)
Answer:
35.8
Step-by-step explanation:
= 358
We know that our answer can never be greater than 358 since the dividend
is 340.1 and the divisor is 9.5;
Also,
Both values are to one decimal places and we can use this to solve the problem;
9 can divide 340 in about 37 place with a remainder of 7,
So, it is appropriate to make the solution 35.8
We are asked to determine the present value of an annuity that is paid at the end of each period. Therefore, we need to use the formula for present value ordinary, which is:

Where:

Since the interest is compounded semi-annually this means that it is compounded 2 times a year, therefore, k = 2. Now we need to convert the interest rate into decimal form. To do that we will divide the interest rate by 100:

Now we substitute the values:

Now we solve the operations, we get:

Therefore, the present value must be $39462.50