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Serjik [45]
4 years ago
15

Stan invests $5000, some at 6% interest and the rest at 4.5% interest. If x is the amount he invests at 6%, then the amount inve

sted at 4.5% can be expressed as
A) .045x.
B) 10.5x.
C) 5000 - x.
D) 5000 + x.
Mathematics
1 answer:
Bumek [7]4 years ago
8 0
Let's say that Stan invested $1500 at 6%.  To find how much he invested at 4.5% would be 5000 - 1500 = $3500.  Now we have a pattern.  Now let's say stan invested x dollars. Even though it is unknown, we can set up how much is left.  So subtract x from 5000 or 5000 - x which is C
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Answer:

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Step-by-step explanation:

Here is the required formula to find the present value of annuity:

We can find the present value of annuity:

PV = P + P (\frac{1-(1+r)^{-(n-1)} }{r})

Here:

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PV = $326,852.3766

The value of the annuity is $326,852.3766 i.e. PV = $326,852.3766.

Keywords: discount rate,  present value of annuity

Learn more about present value of annuity from brainly.com/question/13218793

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