Answer:
$199,047.62
Step-by-step explanation:
PV = X(1+i)^nm
X=$209000
i=5% = 0.05
n=1
m=1
Pv=$209000(1+0.05)^-1x1
Pv=$209000(1.05)^-1
Pv=$209000(1/1.05)
Pv=$209000/1.05
Pv=$199,047.62
$199,047.62 is needed to be donated for investment at 5.0% compounded annually rate for a year so as to get $209,000 at end of the year for the purpose of funding the scholarship.
Answer:
Step-by-step explanation:
The variable w is equivalent to y, and the variable z is equivalent to x.
Answer:
Step-by-step explanation:
Here are the steps to follow when solving absolute value inequalities:
Isolate the absolute value expression on the left side of the inequality.
If the number on the other side of the inequality sign is negative, your equation either has no solution or all real numbers as solutions.
If your problem has a greater than sign (your problem now says that an absolute value is greater than a number), then set up an "or" compound inequality that looks like this:
(quantity inside absolute value) < -(number on other side)
OR
(quantity inside absolute value) > (number on other side)
The same setup is used for a ³ sign.
If your absolute value is less than a number, then set up a three-part compound inequality that looks like this:
-(number on other side) < (quantity inside absolute value) < (number on other side)
The same setup is used for a £ sign
Answer:
x = 51
Step-by-step explanation:
(x-3) /4 = 12
Multiply each side by 4
(x-3) /4 *4 = 12*4
x-3 = 48
Add 3 to each side
x-3+3 = 48+3
x = 51
