Answer 2 is 12
Step-by-step explanation:
more than 11 is 12
Is answer is 80% because you move the decimal to the right 2 times
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: Average or Mean
Step-by-step explanation:
The center of measure calculated was the average or mean. To get the mean of a set of numbers, we have to add all the numbers given and then divide them by the numbers.
In this case, the mean of 3,7,11,11,16 will be:
= (3 + 7 + 11 + 11 + 16) / 5
= 48/5
= 9.6
