A mixed number is a combination of a whole number and a fraction, so in this case we have 8 as the whole part and 0.45 as the fraction, 0.45 is equal to 45/100, and that fraction can be simplified as well, lets see:
8.45 = 8 45/100
= 8 9/20
Answer:
a) The present value is 688.64 $
b) The accumulated amount is 1532.60 $
Step-by-step explanation:
<u>a)</u><u> The preset value equation is given by this formula:</u>

where:
- T is the period in years (T = 10 years)
- r is the annual interest rate (r=0.08)
So we have:
Now we just need to solve this integral.

The present value is 688.64 $
<u>b)</u><u> The accumulated amount of money flow formula is:</u>

We have the same equation but whit a term that depends of τ, in our case it is 10.
So we have:
The accumulated amount is 1532.60 $
Have a nice day!
Answer:
90 hours
Step-by-step explanation:
- 67 + 6 + 9 + 8 = 90 hours