Answer:
B
Step-by-step explanation:
Answer:
$85,734
Step-by-step explanation:
We have been given that Karel sells goods to customers in exchange for a $100,000 non-interest-bearing note due in 2 years. The interest rate on this type of loan is 8%. We are asked to find the present value of the note.
, where,
PV = Present Value,
FV = Future Value,
r = Interest rate in decimal form,
n = Time
Let us convert given interest rate into decimal form as:






Therefore, the present value of the note is $85,734.
Answer:
44 feet
Step-by-step explanation:

It would take them another 2.5 hours. To solve this you first need to multiply 60 by 4 to get 240. Subtract 240 from 780 to get 540. Then, Multiply 65 by 6 to get 390. Subtract 390 from the remaining 540 to get 150. Divide the final 150 by 60 to get 2.5. this is the remaining time they have to go before they reach their family and friends.