Answer:
$102,677.20
Step-by-step explanation:
The present value of an annuity due is determined by the following expression:
Where 'P' is the amount of each payment received, 'r' is the interest rate on the investment and 'n' is the number of yearly payments.
With 20 annual payments of $10,000 at a rate of 8.5%, the present value is:
The present value of your winnings is $102,677.20.
Answer:
4 out of 52 or simplified 2 out of 26
Step-by-step explanation:
There are 4 suites of cards, spades, hearts, clubs, diamonds and there is one card for two in each suite, so we therefore know that the probability of picking a two out of a 52 card deck will be four out of 52 or the simplified answer would be 2 out of 26. Hope this helps, have a great day!
Answer:
c is a multiple of 6
Step-by-step explanation:
Answer:
Property tax is an ad valorem tax assessed on real estate by a local government and paid by the property owner. Income tax is tax levied by a government directly on income, especially an annual tax on personal income. Both pay the government but one is for their land and the other is for money they make.
