Answer:
$293,562.707
Step-by-step explanation:
As for the provided details we know,
Janet needs $51,500 from end of 7th year for upcoming 20 years.
The present value of 20 installments of $51,500 shall be @ 6% from year 7 to year 8.0858
Thus total value = $51,500
8.0858 = $416,418.7
Now the compound interest factor for 6 year @ 6 % = 1.4185
Thus, value to be invested today = $416,418.70/1.4185 = $293,562.707
As this when compounded annually will provide the balance as required at the end of 6 years.
Answer:
why would he do that
Step-by-step explanation:
thats a lot for cheese. i can get it a dollar a pound
A = a^2.....where " a " is the length of one side
A = 79
79 = a^2...take sqrt of both sides, eliminating the ^2
sqrt 79 = a
8.89 = a
so the length of one side is approximately 8.89 ft <==
2x+7=?
X=6
2(6)+7=
12+7=19
In six years, the tree will be 19ft
2x+7=44
Minus seven on both sides
2x=37
Divide two from both sides
X=18.5
Thus, it will take 18 and a half years for the tree to reach 44ft
Answer:
ok, anddddd???
Step-by-step explanation: