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:
this is a big guess 36? ...
Answer:
Step-by-step explanation:
there are infinite numbers between 2 and 3 having average=2.5
2.49,2.51
2.48,2.52
2.47,2.53
2.46,2.54
.................
2.491,2.509
2.492,2.508
2.493,2.507
......................
Answer:
y = 12
Step-by-step explanation:
Complementary angles sum to 90 , so
3y - 1 + 4y + 7 = 90
7y + 6 = 90 ( subtract 6 from both sides )
7y = 84 ( divide both sides by 7 )
y = 12
