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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Ok so we know he used over 700 because he was charged more than 40. Then we take the $8.10 and divide 0.45 into it. This then gives you 18 more minutes. Then add 18 to 700 and you get 718 min.
Answer: y = 8
Step-by-step explanation:
Pretty sure it’s A sorry if that’s wrong
Answer:
You could use the equation y = mx + b to solve this problem. The m would equal 7.5 and the be would be zero, so the equation would be y = 7.5x + 0. Add values for x and you would get y.
