Answer:
The present value of the fund=$25,939.66
Step-by-step explanation:
Step 1
Determine the future value of the fund as shown;
Future value(F.V)=payment amounts per year×number of years
where;
payment amounts per year=$10,000
number of years=6
replacing;
Future value (F.V)=(10,000×6)=60,000
Future value (F.V)=$60,000
Step 2
Determine the present value (P.V) of the fund as shown;
F.V=P.V(1+r)^n
where;
F.V=future value
P.V=present value
r=annual interest rate
n=number of years
In our case;
F.V=$60,000
P.V=unknown
r=15%=15/100=0.15
n=6
replacing;
60,000=P.V(1+0.15)^6
60,000=P.V(1.15)^6
P.V=60,000/{(1.15)^6}
P.V=25,939.66
The present value of the fund=$25,939.66
The radius is 1.703......
Number of medium cherry slices : 10
number of medium orange slices : 40
ratio of cherry to orange : 10/40 reduces to 1/4 or 1:4 or 1 to 4
8/14 , 12/21, 16/28, 20/35
Answer:
Yes, k = 1/3 and y = 1/3x
Step-by-step explanation:
⇒ 
The equation would be ⇒ 
