This cash flow is a perpetuity. To find the present value of perpetuity, we use the equation of
Pv=C÷r
Pv=39,000÷0.058
Pv=672,413.79
Answer:
Step-by-step explanation:
If Samantha's earnings continue to increase at the same rate, this means that her earning is increasing arithmetically.
If she earned $550 in the first day, we can say the first term is $550
If she earned $750 on the third day, we can say the third term is $750
For us to know by how much her money is increasing, we need to find the common difference d formed by the sequence
550, x , 750
T1 = 550
T2 = x
T3 = 750
Common difference d = T2-T1 = T3-T2
x - 550 = 750 - x = d
Let's calculate the second term first i.e x
Since x - 550 = 750 - x = d
x - 550 = 750 - x
Collect like terms
x+x = 750+550
2x = 1300
x = 1300/2
x = 650
d = T2-T1
d = x - T1
d = 650-550
d = 100
Hence her money keeps increasing by $100 each day
Answer:
d sqrt(95)/7
Step-by-step explanation:
tan theta = opposite /adjacent
tan B = AC/BC
tan B = sqrt(95)/7
The answer to your question is 9.5
