Answer:
what do you mean?
Step-by-step explanation:
Answer:
a(4) = 15/4
Step-by-step explanation:
Here we're told that the first term is a(1) = 30 and that the common factor r = 1/2.
Thus, the geometric sequence formula specific to this case is
a(n) = 30(1/:2)^(n-1).
What is the fourth term? Let n = 4,
a(4) = 30(1/2)^(4-1), or a(4) = 30(1/2)^(3), or a(4) = 30(1/8) = 30/8, or, in reduced form,
a(4) = 15/4.
Answer:
$354,600
Step-by-step explanation:
The PV (present value) of a USD 100,000 outcome at the end of each year for the next four (4) years is USD 354,600.
Present value (PV) of annuity = USD 100,000 at 5% for 4 years
Present Value of Annuity of $1
= 3.546 × USD 100,000
= $354,600
8.85 x 1000= 8,850
Hoped this helped.
~Bob Ross®
