Answer:
a. Present value of a lump sum =
PV = FV / ( 1 + i )ⁿ
b. Present value of an annuity =
P = PMT x ((1 – (1 / (1 + r)⁻ⁿ )) / r)
Step-by-step explanation:
a. Present Value of a Lump sum =
PV = FV / ( 1 + i )ⁿ
Where variables in the formula are explained as follows
PV = Present Value of the given amount today
FV = Future Value of the given amount
i = Discount rate
n = Number of periods
b. Present value of an annuity is given as:
P = PMT x ((1 – (1 / (1 + r)⁻ⁿ)) / r)
The variables in the equation are explained as the follows:
P = the present value of annuity
PMT = Payment per period or the amount in each annuity payment
r = the interest or discount rate
n = total number of periods or the number of payments left to receive
3, 6, 12
I guessed and checked. So if 3 is the smallest number, I would, multiply it by 3, which is 9. 9 is 3 less than the largest number which would be 12. 12 + 3 is 15. To find the third number, subtract 21 and 15 which is 6
Answer:
y= -2x -8
Step-by-step explanation:
I will be writing the equation of the perpendicular bisector in the slope-intercept form which is y=mx +c, where m is the gradient and c is the y-intercept.
A perpendicular bisector is a line that cuts through the other line perpendicularly (at 90°) and into 2 equal parts (and thus passes through the midpoint of the line).
Let's find the gradient of the given line.

Gradient of given line




The product of the gradients of 2 perpendicular lines is -1.
(½)(gradient of perpendicular bisector)= -1
Gradient of perpendicular bisector
= -1 ÷(½)
= -1(2)
= -2
Substitute m= -2 into the equation:
y= -2x +c
To find the value of c, we need to substitute a pair of coordinates that the line passes through into the equation. Since the perpendicular bisector passes through the midpoint of the given line, let's find the coordinates of the midpoint.

Midpoint of given line



Substituting (-3, -2) into the equation:
-2= -2(-3) +c
-2= 6 +c
c= -2 -6 <em>(</em><em>-</em><em>6</em><em> </em><em>on both</em><em> </em><em>sides</em><em>)</em>
c= -8
Thus, the equation of the perpendicular bisector is y= -2x -8.
Solve the equation:
5 3
x – —— = – ——
7 7
5
Add —— to both sides, so you get x isolated at the left-hand side:
7
5 5 3 5
x – —— + —— = – —— + ——
7 7 7 7
3 5
x = – —— + ——
7 7
Now, add those fractions at the right-hand side of the equation:
– 3 + 5
x = —————
7
2
x = —— <——— this is the answer (first option: 2/7).
7
I hope this helps. =)