The present value of the investment is $6000.
According to the statement
Principal amount = $500
and Return amount = 10.5%
Time period = 20 years.
Now we find the present value of money then
By the formula
PV = P[1-(1+r)^n]/r
PV = 500[1-(1+0.10)^20]/0.10
PV = 6000
So, The present value of the investment is $6000.
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Answer:
13
Step-by-step explanation:
Distance between two points =
√
(
1
−
6
)
2
+
(
14
−
2
)
2 =
√
(
−
5
)
2
+
12
2
=
√
25
+
144
=
√
169
= 13
Answer:
Using the slope-intercept form, the slope is 0 .
Step-by-step explanation: