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!
Answer:
D.
Step-by-step explanation:
Answer:
asap
Step-by-step explanation:
Answer: Hope this helps
y = 3/5x + 100
Slope: 3/5
Y-int: 100
Step-by-step explanation:
y = mx + b
<em>replace b with y-int</em>
y = mx + 100
<em>replace m with the slope which is 3/5</em>
y = 3/5x + 100
<em>How do you get slope?</em>
<em>Well I did rise/run with two points so I saw it ran 5 squares and rose only 3.</em>
<em>How do you get the y-int?</em>
<em>Well the y-int is the point where x is 0. So using the point (0,100), since x is 0, the y-int is 100.</em>
Infinitely many solutions, you need to do the distributive property.
