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slega [8]
3 years ago
14

Find the present value. Assume there are 360 days in a year.

Mathematics
1 answer:
-Dominant- [34]3 years ago
7 0
<h3>Therefore the present value = $ 80517.91</h3>

Step-by-step explanation:

PV = FV \div (1+i)^n

Here FV = $83870

i = 6.8% = 0.068

n = \frac{226}{365} =0.62

Therefore,

PV=\frac{83870}{(1+0.068)^{0.62}}

     =$80517.91

Therefore the present value = $ 80517.91

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murzikaleks [220]

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Step-by-step explanation:That's the answer

3 0
4 years ago
Find the smallest number of 4 digit which when divided by 40,50,and60 leaves remainder of 5 in each case
miv72 [106K]

Remark

First of all, you should notice that the number you want must end in 5 to get a remainder of 5. That's because your divisors all end in 0.

Step One

Factor the 3 divisors

40: 2 * 2 * 2 * 5

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60: 2 * 2 * 3 * 5

Step Two

Using these factors, find the LCM

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Step Three

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6 0
3 years ago
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7 0
3 years ago
The area of a circle is equal to 1 dm2. Find the radius of the circle.
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4 years ago
Read 2 more answers
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