Answer:
$199,047.62
Step-by-step explanation:
PV = X(1+i)^nm
X=$209000
i=5% = 0.05
n=1
m=1
Pv=$209000(1+0.05)^-1x1
Pv=$209000(1.05)^-1
Pv=$209000(1/1.05)
Pv=$209000/1.05
Pv=$199,047.62
$199,047.62 is needed to be donated for investment at 5.0% compounded annually rate for a year so as to get $209,000 at end of the year for the purpose of funding the scholarship.
Answer:
use the mixed fraction mathsoup calculator, it shows step by step, im just trying to help
Step-by-step explanation:
hope i helped:)
Answer:
A. 25%
25% is equivalent to 1/4 and when you multiply 75 by 4 you get 300. Which means 75 is equivalent to 1/4 and 1/4 is equivalent to 25%. So the answer is 25%. I'm so sorry if this explanation is bad
You take the orignal price of the video game and subtract the new price to see how much it was reduced. 60-45 = 15. then you take the reduced amount of the game (15) and divide by the original price (60).
you get 25%
your answer is B
