Answer:
yea
Step-by-step explanation:
yes what do you need help with
Present value of the amount she will earn while on sabbatical if the interest rate is 6% is $126,964.34
The value of money reduces as time passes, this is due to the interest factor. $1 is worth more today than tomorrow this is because of the time value of money. The present value of cash flows is discounted value of future cash flows. Discount factors at a given rate of interest are used to find out the present value of cash flows.
Here, the professor will receive $70,000 every 7 years for 42 years.
Hence he will receive $70,000 sabbatical in the 7th, 14th,21st,28th,35th, and 42nd years.
We will find the present value of such receipts and add them.
R=0.06
F=$70,000
=$126,964.34
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Answer:
=−21x2+5x+4
Step-by-step explanation:
Let's simplify step-by-step.
4−3(7x2)+5x
=4+−21x2+5x
Answer:
0.6
Step-by-step explanation:
because 0.61= 1=0 so 0.6+0=0.6