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Nady [450]
3 years ago
12

Use the present value formula to determine the amount to be invested​ now, or the present value needed.

Mathematics
1 answer:
rjkz [21]3 years ago
8 0

Answer:

Present value is $29,086.21.

Step-by-step explanation:

PV =\frac{40000}{(1+\frac{0.029}{12} )^{11*12} }=29,086.21

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Dorian buys 2 pounds of almonds for $21.98 and 3 pounds of dried apricots for 26.25 which is less expensive per pound how much l
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Answer:

The apricots are $2.24 less expensive per pound.

Step-by-step explanation:

To find the price per pound of each product divide the price Dorian by the number of pounds Dorian bought:

Almonds: 21.98 ÷ 2 = 10.99

Almonds cost $10.99 per pound.

Apricots: 26.25 ÷ 3 = 8.75

Apricots cost $8.75 per pound.

The apricots are less expensive per pound. To find how much less expensive they are compared to the almonds, subtract the cost of the apricots per pound from the cost of the almonds per pound:

10.99 - 8.75 = 2.24

The apricots cost $2.24 less per pound than the almonds do.

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3 years ago
A cabinet that costs a dealer ₱14,000 with expenses set at 15% of the selling price and the required profit is set at 15% of the
pantera1 [17]
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Jane is taking two courses. The probability she passes the first course is 0.7. The probability she passes the second course is
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Answer: p = 0.56

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Probability she passes both courses means probability she passes the first course "and" probability she passes the second course.

Probability she pass both courses = 0.7 * 0.8 = 0.56

Note that "and" in probability means multiplication.

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After learning how to fly, Wendy reduced her daily commute time by 75%. Previously, her commute took m minutes.
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Step-by-step explanation:

4 0
3 years ago
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