Answer:
Just multiply:
= 0.06×0.021
= 1.26
is this the right answer I don't even know my answer
Answer:
-1/4
Step-by-step explanation:
Answer:
Option (1)
Step-by-step explanation:
See attached image.
Answer: $44,518
Step-by-step explanation:
Using the formula:
PV = P( )
PV = present value
P = Principal
r = rate
n = number of periods
From the question :
PV = ?
P = $10,000
r = 0.04
n = 5
Substituting into the formula , we have
PV = 10,000 ( )
PV = 10,000 ( )
PV = 10,000 (
PV = 10,000 ( 4.451822331 )
PV = 44518.22331
Therefore :
PV≈ $ 44,518