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3 years ago

8

What is the present value of $9,000 paid at the end of each of the next 86 years if the interest rate is 10% per year? the pres

ent value is $ -?

1 answer:

Fittoniya [83]3 years ago

6 0

It will be $900

Hope it helps!

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What is a valid inference

LenKa [72]

Answer:

Deduction is inference deriving logical conclusions from premises known or assumed to be true, with the laws of valid inference being studied in logic. Induction is inference from particular premises to a universal conclusion.

Step-by-step explanation:

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3 years ago

Determine the effective rate for $1 for 1 year at 5.9% compounded quarterly.

kenny6666 [7]

Keeping in mind that the effective rate, is in effect the APY or Annual Percentage Yield,

$\bf \qquad \qquad \textit{Annual Yield Formula}
\\\\
~~~~~~~~~\left(1+\frac{r}{n}\right)^{n}-1
\\\\
\begin{cases}
r=rate\to 5.9\%\to \frac{5.9}{100}\to &0.059\\
n=
\begin{array}{llll}
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\end{array}\to &4
\end{cases}
\\\\\\
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3 years ago

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iren2701 [21]

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3 years ago

Order these fractions from greatest to least. 1/3, 2/5, 1/4, 1/6

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For the first one, it's already in order

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4 years ago

Please help me with #2

e-lub [12.9K]

Answer:

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3 years ago