An investment of $4000 earns $1700 simple interest after 5 years. what is the annual simple interest rate in the investment?
1 answer:
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Answer:
<h2>The constant growth valuation formula is not appropriate to use unless the company’s growth rate is expected to remain constant in the future.</h2>Step-by-step explanation:
The value of a stock can be calculated with the <em>constant growth valuation formula</em>, but it's mandatory that the stock has to have a constant growth, because it depends on this rate. Actually, the present value of a stock is calculated with this formula <em>when it can be assumed that its growth is constant.</em>
On the other hand, if the stock value is zero, if it has no growth at all, then, this formula can't be applied, because this variable will be missing.
If you see the image attached, you're gonna look for <em>'g'</em>, which represents the growth rate.
Solution:
we are given that
A jury pool consists of 50 potential jurors.
Wee have been asked to find the number of ways can a jury of 12 be selected.
As we know from the concept of combination that r person can be selected out of n in ncr ways. where
Now substitute the values we get
Hence the required number of ways is 121399651100