Answer:
Step-by-step explanation:
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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Answer:
If the price is increasing or decreasing
Step-by-step explanation:
The slope is a visual representation of the cost over time.
Answer:
$20.40
Step-by-step explanation:
Answer:
5,333 square yards.
Step-by-step explanation:
Football fields have standard 100 yards length, if you walk the perimeter of a football field you will walk the twice the length and twice the width. Therefore, the width of the field can be found as follows:
The area of the playing field is the product of the length by the width
The area of the playing field is 5,333 square yards.