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Alex17521 [72]
3 years ago
8

Ben sold his small online business for $100,000. The purchaser will pay him $20,000 today, then $20,000 every year for the next

four years. Assume that Ben could invest a lump-sum payment today in an account yielding an interest rate of 4% annually. Find the total present value of all five payments.
A.
$87,096
B.
$88,384
C.
$92,598
D.
$93,964
Mathematics
1 answer:
OLEGan [10]3 years ago
8 0

Answer:

c.92,598

Step-by-step explanation:

20000 + 20000/1.04 + 20000/(1.04^2) + 20000/(1.04^3) + 20000/(1.04^4)

= 20000 + 19230.77 + 18491.12 + 17779.73 + 17096.08

= 92597.7

= 92,598

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Leah's annual take-home pay is $72,000. What is the maximum amount that she can spend per month paying off credit cards and loan
sammy [17]

Answer:

Step-by-step explanation:

For APEX the correct answer is $1,200.00

72,000/12= 6,000

6,000x .2= 1,200

4 0
4 years ago
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Moses receives a gift that is wrapped in a cube shaped box. The volume of the box is 1331/8 cubic inches.Find the length of a si
pogonyaev

Answer:

5.5inches

Step-by-step explanation:

1331/8=166.375

then length of a side is = cubic root of 166.375

=³√166.375

5.5

5 0
3 years ago
Which greatest digit should replace n so that the number 342n84 is divisible by 3?
Amiraneli [1.4K]

Answer:

9

Step-by-step explanation:

If you want the number to be divisible by three make sure the sum of all the numbers are divisible by three. Add all the numbers you have to see what they make.

3+4+2+8+4=21

So we just need to find the greatest number we can add to that to have it remain divisible by three. A number divisible by three is 30, and we can add 9 to 21 to make 30. Of course, there are other numbers we could add, but nine is the largest one-digit number that would work. Other smaller numbers include 3 and 6.

3+4+2+8+4+9=30

Now we check to see if our number is divisible by three

342984÷3 = 114328

114328 is a whole number so we know it's divisible.

6 0
3 years ago
What is the value of the coins?
nikitadnepr [17]

Answer:

220 cents, $2.20

Step-by-step explanation:

Count the amount of QUARTERS there are.

7 quarters.

The next coin in the photo is a dime.

4 dimes.

The next coin in the photo is a penny.

5 pennies.

Quarters are worth 25 cents, dimes are worth 10 cents, and pennies are worth 1 cent.

25(7) + 4(10) + 5(1) = v (the total value)

25 * 7 = 175 cents

4 * 10 = 40 cents

5 * 1 = 5 cents

175 + 40 + 5 = v

175 + 40 = 215 cents

215 + 5 = 220 cents

The value of all of those coins is 220 cents, or $2.20.

5 0
3 years ago
List the numbers in order from greatest to least -15 1 1/2 -1 1/5, 7.5
White raven [17]
Greatest
1- 7.5
2- 1 1/2
3- -1 1/2
4- -15
Least
5 0
3 years ago
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