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Viktor [21]
3 years ago
14

You have just won the lottery and will receive $1,000,000 in one year. you will receive payments for 30 years, and the payments

will increase 3 percent per year. if the appropriate discount rate is 7 percent, what is the present value of your winnings?
Mathematics
1 answer:
larisa [96]3 years ago
3 0
The answer is 30,900,000
You might be interested in
5. A newspaper in New York took a random sample of 500 registered voters from New York City and found that 300 favored a certain
RUDIKE [14]

Answer:

Step-by-step explanation:

In first voting 300 person favors the candidate out of 500

i.e. \frac{300}{500}=0.6

60 % Population favor the candidate

For second voting 550 person favors the candidate out of 1000 candidates

i.e. \frac{550}{1000}=0.55

55 % Population favors candidate

so according to voting, 1 st voting is favorable for candidate because a large population support him as compared to second voting.          

7 0
3 years ago
In Ivy's neighborhood, 40% of the homes have a swimming pool. If there are 80 homes , how many have a pool
prohojiy [21]

Answer:

32 houses will have a pool

Step-by-step explanation:

40% of 80 is 32

6 0
3 years ago
Write the equation of the line, in slope-intercept form, that passes through (3,-1) and has a slope = -2/3
Inga [223]

Answer:

The equation of the line, in slope-intercept form, that passes through (3,-1) and has a slope = -2/3 is:

\mathbf{y=-\frac{2}{3}x+1}

Step-by-step explanation:

We need to write equation of the line, in slope-intercept form, that passes through (3,-1) and has a slope = -2/3.

The equation for slope-intercept form is: y=mx+b

where m is slope and b is y-intercept.

We are given slope m = -2/3 and we need to find y-intercept i.e b to write equation of line.

Using point (3,-1) and slope m=-2/3 we can find y-intercept i.e b

y=mx+b\\-1=-\frac{2}{3}(3)+b\\-1=-2+b\\b=-1+2\\b=1

So, y-intercept b = 1

The equation of the line, in slope-intercept form, that passes through (3,-1) and has a slope = -2/3 is:

y=mx+b\\\mathbf{y=-\frac{2}{3}x+1}

7 0
3 years ago
Write an equation of the line that passes through the points (2, -3) and (1,4).
Lelu [443]
I thiiink the line equation would be y=7/1+12
4 0
3 years ago
Please help me with my homework! Its past due and I am having trouble on it :/
oksano4ka [1.4K]

Answer:

the first one is 57

the second one is 60

3rd one is 13

4th one is 9

Step-by-step explanation:

hope this helps :) have a nice day !!

**please let me know if this was wrong**

5 0
3 years ago
Read 2 more answers
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