Answer:
Hey! I believe this is your answer:
4 glasses
Hope this helped!
Step-by-step explanation:
Answer:
a) The present value is 688.64 $
b) The accumulated amount is 1532.60 $
Step-by-step explanation:
<u>a)</u><u> The preset value equation is given by this formula:</u>

where:
- T is the period in years (T = 10 years)
- r is the annual interest rate (r=0.08)
So we have:
Now we just need to solve this integral.

The present value is 688.64 $
<u>b)</u><u> The accumulated amount of money flow formula is:</u>

We have the same equation but whit a term that depends of τ, in our case it is 10.
So we have:
The accumulated amount is 1532.60 $
Have a nice day!
To get the answer you have to divide the sale price $172.80 by 73%.
So first you turn 73% into a decimal by moving the decimal two places to the left turning it into .73
$172.80 divided by .73 = $236.71
You can check by then multiplying $236.71 with .73
I think the interest is 10.60.
And the proceeds are 278.40.
60/100 we not read by the third and fifth grade