Answer:
if the annual interest rate is 7%, then you need to invest:
present value = future value / (1 + i)ⁿ
- future value = $2,200,000
- i = 7%
- n = 28 years
present value = $2,200,000 / (1 + 7%)²⁸ = $330,884.87
if the interest rate is 15%, the you need to deposit a smaller amount:
present value = future value / (1 + i)ⁿ
- future value = $2,200,000
- i = 15%
- n = 28 years
present value = $2,200,000 / (1 + 15%)²⁸ = $43,942.34
Hmm i’m not sure so figurisbzbsggs
Answer:
-6: integer, rational, real
0: whole, integer, rational, real
0.222...: rational, real
15/3: whole , integer (if talking 5), rational, real
2: all except irrational
√3: irrational, real
-12/6: Integer, rational, real
Answer:
$3090
Step-by-step explanation:
First take $30,000 * 0.03 (3%) to get $30, to get $900. Then add 30,000 +900 to get first year salary. Next take 30,900 (Jesse's salary after the first year) times 0.1 (10%) to get 3090 which is his bonus for the second year.
Answer:
D. 3
Step-by-step explanation:
