Answer: Present value = $7200
Step-by-step explanation: Given Principal that is the original amount is $6000
Rate is 10% every fourth year
But the total period is eight.
So the interest would be paid 8/4 = 2 times.
Therefore,
Simple interest
= {principal * rate * no of times}/100
= {$6000*10*2}/100
Simple interest = $1200
Present value
= principal + Simple interest
= $6000 + $1200
= $7200.
<span>x(2x-2)
distribute the x to get our answer of
2x^2-2x
</span>
7 ÷ 53
<span>0.132075 </span>
<span>0.132075 * 100
13.21%</span>
Answer:
Value of stamp collection = (45b + 43) cents
Step-by-step explanation:
What we have here is as follows;
if there are x 3-cent stamps, then there are 4x 10-cent stamps
So the number of 2-cent stamps is 1 less than 3 cent stamps and that will be x-1 2 cent stamps
Number of 2 cents stamps = b
This means that x-1 = b
Thus, x = b + 1
So the value of the stamp collection is as follows;
x 3 cents stamps = 3(b+ 1) = 3b + 3 cents
4x 10 cents stamps = 10(4(b + 1)) = 10(4b + 4) = 40b + 40
value of the 2 cents stamp = 2b cents
Total value is thus;
2b + 40b + 40 + 3b + 3 = (45b + 43) cents
Answer:
the second one
Step-by-step explanation:
