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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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Answer:

10 feet length and 6 feet width.

Step-by-step explanation:

If the total area of the patio is going to be equal to 60 square feet and the length is going to be 4 feet longer than the width, the dimensions that she should use for the patio are 10 feet for the length and 6 feet for the width which will equal to 60 square feet in total.

I hope this answer helps.

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Write an equation of the line passing through point P(−8, 0) that is perpendicular to the line 3x−5y = 6.
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Answer:

y = -5/3 * x - 40/3

Step-by-step explanation:

A perpendicular line has an opposite and a reciprocal of the slope.

Your equation should be:

-5y = -3x +6

Divide all parts by -5.

y = 3/5x - 6/5

Since the perpendicular line has an opposite and a reciprocal of the slope, the slope will be -5/3.

Now you must make an equation in point-slope form. This is an example of that form. You will need at least one point to make this equation work. In this case we have (-8,0).

In put the y and x coordinates like this:

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Start solving the equation.

y - 0 = -5/3(x + 8)

y - 0 = -5/3 * x - 40/3

y = -5/3 * x - 40/3

This is your equation.

y = -5/3 * x - 40/3

(You can make it -5/3x in your answer but it looks weird online. You may think that it is -5 divided by 3 times x, but it actually is 5/3 times x. That's why I wrote it as y = -5/3 * x - 40/3)

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