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3 years ago

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What is the current value of a future sum of money called?

2 answers:

densk [106]3 years ago

7 0

Your question:

What is the current value of a future sum of money called?

Answer:

B) Present Value

Although current is a synonym of present, present is the correct meaning. The current value of a future sum of money is called Present Value.

Best Of Luck,

- I.A -

kobusy [5.1K]3 years ago

3 0

Answer:

The current value of a future sum of money is:

Option: B

B. Present Value.

Step-by-step explanation:

<u>Present value--</u>

In terms of finance the present value is the value in the present of a sum of money or stream of cash flows , in contrast to some future value it will have when it has been invested at compound interest.

Future cash flows are discounted at some rate called as discount rate.

Higher the discount rate lower is the present value of future cash flow.

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Eduardo solved the following inequality, and his work is shown below:

olga_2 [115]

Answer:

It's Option D

Step-by-step explanation:

All of Eduardo's steps are justified.

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3 years ago

Sandi works for Elizabeth Arden Cosmetics and earns $500 per week salary plus 4% commission on sales over $2,000. If Sandi sold

Ainat [17]

To find the amount of money she earned out of the 2733 you must first find what 4% of 2000 is. its 80 which means for every $2000 she sells she earns $80. she sold just over 2 amounts of 2000 therefore
her salary is $609.32

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3 years ago

Read 2 more answers

Terry and Callie do word processing. For a certain prospectus Callie can prepare it two hours faster than Terry can. If they wor

Dahasolnce [82]

Time taken by jerry alone is 10.1 hours

Time taken by callie alone is 8.1 hours

<u>Solution:</u>

Given:- For a certain prospectus Callie can prepare it two hours faster than Terry can

Let the time taken by Terry be "a" hours

So, the time taken by Callie will be (a-2) hours

Hence, the efficiency of Callie and Terry per hour is $\frac{1}{a-2} \text { and } \frac{1}{a} \text { respectively }$

If they work together they can do the entire prospectus in five hours

$\text {So, } \frac{1}{a-2}+\frac{1}{a}=\frac{1}{5}$

On cross-multiplication we get,

$\frac{a+(a-2)}{(a-2) \times a}=\frac{1}{5}$

$\frac{2 a-2}{(a-2) \times a}=\frac{1}{5}$

On cross multiplication ,we get

$\begin{array}{l}{5 \times(2 a-2)=a \times(a-2)} \\\\ {10 a-10=a^{2}-2 a} \\\\ {a^{2}-2 a-10 a+10=0} \\\\ {a^{2}-12 a+10=0}\end{array}$

<em><u>using quadratic formula:-</u></em>

$x=\frac{-b \pm \sqrt{b^{2}-4 a c}}{2 a}$

$x=\frac{12 \pm \sqrt{144-40}}{2}$

$\begin{array}{l}{x=\frac{12 \pm \sqrt{144-40}}{2}} \\\\ {x=\frac{12 \pm \sqrt{104}}{2}} \\\\ {x=\frac{12 \pm 2 \sqrt{26}}{2}} \\\\ {x=6 \pm \sqrt{26}=6 \pm 5.1} \\\\ {x=10.1 \text { or } x=0.9}\end{array}$

If we take a = 0.9, then while calculating time taken by callie = a - 2 we will end up in negative value

Let us take a = 10.1

So time taken by jerry alone = a = 10.1 hours

Time taken by callie alone = a - 2 = 10.1 - 2 = 8.1 hours

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3 years ago

This is kinda a math question... Can we add proper fractions to improper fractions? and if yes can you give me a example how? :)

lesya [120]

Just make the improper fraction a proper one.
Or make the proper improper but i wouldn't <span />

4 0

3 years ago

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Which statement describes the solution to the equation a+5(2a−1)+3=11a−2 ?

tigry1 [53]

A+5(2a-1)+3=11a-2
First thing to do is distribute
5*2a=10a
5*-1=-5
a+10a-5=11a-2
Add the similar numbers together
11a-5=11a-2
Then subtract
11a-11a
-5=-2
This equation has no solutions
If it had infinity solutions then both numbers on each side would equal the same, ex: -5=-5

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4 years ago

Read 2 more answers