Answer:
there is an economic principle that states that 1 dollar today is worth more than 1 dollar in the future, since an invested dollar could earn interests and gain value.
For example, we can assume a 6% interest rate (0.5% monthly interest rate), and using the present value formula we can determine the present value of $100:
- given to us in 30 days = $100 / (1 + 0.5%)¹ = $99.50
- given to us in 150 days = $100 / (1 + 0.5%)⁵ = $97.54
- given to us in 300 days = $100 / (1 + 0.5%)¹⁰ = $95.13
In order to calculate the value of $100 given to us tomorrow, we would need to determine a daily interest rate = 6% / 360 = 0.00017
- $100 given to us tomorrow = $100 / (1 + 0.00017)¹ = $99.98
since the amount of money is not that large and the interest rate is rather low, the difference in value is not that large. But imagine if you used a 24% interest rate instead of 6% (monthly interest rate = 2%)
- $100 given to us in 30 days = $100 / (1 + 2%)¹ = $98.04
- $100 given to us in 150 days = $100 / (1 + 2%)⁵ = $90.57
- $100 given to us in 300 days = $100 / (1 + 2%)¹⁰ = $82.03
as the interest rate increases, the present value decreases.
Sqrt of 3 hope this helps
In the given diagram, the length of diagonal IE is 30. The correct option is (2) 30
<h3>Calculating the length of a diagonal of a Rhombus </h3>
From the question, we are to determine the length of diagonal IE
From the given information,
/TG/ = 16
∴ /RG/ = 16÷2 = 8
NOTE: The diagonals of a rhombus bisect each other at right angles
Then,
/GE/² = /ER/² + /RG/² (<em>Pythagoras' theorem</em>)
From the given information, the perimeter of the rhombus is 68
Since all the sides of a rhombus are equal to one another,
Then,
/GE/ = 68÷4
/GE/ = 17
Thus,
17² = /ER/² + 8²
289 = /ER/² + 64
/ER/² = 289 - 64
/ER/² = 225
/ER/ = √225
/ER/ = 15
But,
/IE/ = 2 × /ER/
∴ /IE/ = 30
Hence, the length of diagonal IE is 30. The correct option is (2) 30
Learn more on Calculating length of a diagonal of a rhombus here: brainly.com/question/12354523
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Answer:
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Step-by-step explanation:
what... im on my school computer and it blocks every thing im sorry or else i would help
Answer:
4.521 ( A )
Step-by-step explanation:
The determine the F-STAT employ the use of one way anova in excel to solve the problem. the way to solve this using one way anova by excel is
- enter the data given in excel
- after entering the Data , click on Data analysis, click One way anova, Select data,click on label in first row, then click ok
Attached is the image of the excel solution