Ask question

Ask question

All categories

4 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?

1 answer:

larisa [96]4 years ago

3 0

The answer is 30,900,000

You might be interested in

Someone smart help me please

mafiozo [28]

Pretty sure it is
shift 1 left
i might be wrong

7 0

3 years ago

High school students from grades 9–10 and 11–12 were asked to choose the kind of band to have play at a school dance: rap, rock,

yanalaym [24]

The correct two-way frequency table for the date will look like this:

RAP ROCK COUNTRY TOTAL
Grades 9-10 40 30 55 125
Grades 11-12 60 25 35 120
TOTAL 100 55 90 245

The sum of the row total is equal to the sum of the column total
125 + 120 = 100 + 55 + 90
245 = 245

8 0

3 years ago

Read 2 more answers

(3/5)^2+4X3-2 what is the value of the expression

Sliva [168]

Answer:

10.36

Step-by-step explanation:

So your solution would be:

$(\frac{3}{5})^{2} + 4 \times 3 - 2$

$=(\frac{3}{5})^{2} + 4 \times 3 - 2$

$=\dfrac{3^{2}}{5^{2}} + 4 \times 3 - 2$

$=\dfrac{9}{25} + 4 \times 3 - 2$

$=0.36 + 4 \times 3 - 2$

$=0.36 + 12 - 2$

$=12.36 - 2$

$=10.36$

Just try to remember PEMDAS.

Parenthesis, Exponent, Multiplication/Division, Addition/Subtraction.

This is the order we follow when going about expressions with many operations.

Let's start with the parenthesis part. Notice that there is an exponent beside the parenthesis enclosing the fraction. Here we use the quotient to a power rule. We distribute the exponent to the numerator and the denominator.

$=(\frac{3}{5})^{2} + 4 \times 3 - 2\\$

$=\dfrac{3^{2}}{5^{2}} + 4 \times 3 - 2$

$=\dfrac{9}{25} + 4 \times 3 - 2$

Now that we got the parenthesis and exponent out of the way, let's move on to the next. Multiplication/Division. Whichever comes first, you do it first.

We have a fraction so we do that first. Then we do the multiplication after.

$=0.36 + 4 \times 3 - 2$

$=0.36 + 12 - 2$

Next we do the addition/subtraction. Again, whichever comes first.

$=12.36 - 2$

$=10.36$

7 0

4 years ago

Jordan is driving to a concert and needs to pay for parking. There is an automatic fee of $11 just to enter the parking lot, and

Mashcka [7]

Answer:

11+(2×4)

11+8

$19....

7 0

4 years ago

Read 2 more answers

The Range Rule of Thumb roughly estimates the standard deviation of a data set as _______.

maw [93]

Answer:

Option A)

$s = \dfrac{\text{Range}}{4}$

Step-by-step explanation:

Range Rule of Thumb

The range Rule of thumb states that the range is four times the standard deviation.
The standard deviation is a measure of dispersion.

$\text{Range = Maximum - Minimum}\\\text{s: Standard Deviation}\\\text{Range rule of Thumb:}\\\text{Range} = 4\times s\\\\s = \dfrac{\text{Maximum - Minimum}}{4}$

Thus, the correct answer is

$s = \dfrac{\text{Range}}{4}$

4 0

3 years ago