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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
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65000÷9330
Nataly [62]

Step-by-step explanation:

1.answer is 6.9667738478

2 answer is 42.872454448

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4answer is 0.0857449089.

8 0
3 years ago
The ages of Lee's mother and aunt total 83 years. If her mothers age were doubled, then her mother would be 58 years older than
NemiM [27]

Answer:

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Step-by-step explanation:

6 0
3 years ago
Jerome bought 2 adult tickets and 7 student tickets for a play.How much did he spend?Show any equations used.Ticket pricesStuden
Stels [109]

From the information given,

Students ticket = $4

Adult ticket = $6

Let student ticket be x, and adult ticket be y.

This means;

\begin{gathered} Cost=2y+7x \\ C=2(6)+7(4) \\ C=12+28 \\ C=40 \end{gathered}

ANSWER:

The calculations show that Jerome spent a total of $40

3 0
1 year ago
Find the equation of the line that is perpendicular to the x-axis and passes through the point (14,-9). Give the
Rudiy27

Answer:

y = -9

Step-by-step explanation:

a line perpendicular to the x-axis is a horizontal line (which means the slope is zero) which pass through the y-axis at -9

3 0
3 years ago
HELP PLEASE!!!!!!!!!!!!!!
Genrish500 [490]

Answer:

16b > 94

Step-by-step explanation:

16b > 94

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