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alukav5142 [94]
3 years ago
6

Esther. Vida and Clair were asked to consider two different cash flows: GH¢1000 that theycould receive today and GH¢3000 that wo

uld be received 3 years from today. Esther wantedthe GH¢1000 today. Vida chose to collect GH¢3000 in 3 years, and Clair was indifferentbetween these two options. Which of the three women made the right choice? ​
Mathematics
1 answer:
xxMikexx [17]3 years ago
6 0

Answer:

The right choice is Esther's

Step-by-step explanation:

Present worth of GH¢ after 3 years is better as its present really worth may be very high than GH¢ a thousand of today. Here fee of interest is not given to compare however GH¢ 3000 after three years will be equivalent to present well worth GH¢ 1000 if charge of interest >44.5% which may be very very excessive. Thus charge of interest > 44.5% Then GH¢ 3000 payable after 3 years could be equivalent to GH¢ 1000 Hence vide has made the proper preference. If interest price >44.5%.

Then Esther's preference will he right. (thinking about time value of money).

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7 0
3 years ago
The question is in the picture.
dangina [55]
<h2><u>Part A:</u></h2>

Let's denote no of seats in first row with r1 , second row with r2.....and so on.

r1=5

Since next row will have 10 additional row each time when we move to next row,

So,

r2=5+10=15

r3=15+10=25

<u>Using the terms r1,r2 and r3 , we can find explicit formula</u>

r1=5=5+0=5+0×10=5+(1-1)×10

r2=15=5+10=5+(2-1)×10

r3=25=5+20=5+(3-1)×10

<u>So for nth row,</u>

rn=5+(n-1)×10

Since 5=r1 and 10=common difference (d)

rn=r1+(n-1)d

Since 'a' is a convention term for 1st term,

<h3><u>⇒</u><u>rn=a+(n-1)d</u></h3>

which is an explicit formula to find no of seats in any given row.

<h2><u>Part B:</u></h2>

Using above explicit formula, we can calculate no of seats in 7th row,

r7=5+(7-1)×10

r7=5+(7-1)×10 =5+6×10

r7=5+(7-1)×10 =5+6×10 =65

which is the no of seats in 7th row.

8 0
3 years ago
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2 years ago
WILL GIVE BRAINLIEST AND THANKS AND RATING!
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4.6 - 3.8=0.8
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3 years ago
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