Answer:
-3/5
Step-by-step explanation:
Answer:
338
Step-by-step explanation:
1×2=2 2+6+10+14+18+22+26+30
3×2=6 +34+36+38+42+46+50=338
5×2=10
7×2=14
9×2=18
11×2=22
13×2=26
15×2=30
17×2=34
19×2=38
21×2=42
23×2=46
25×2=50
Answer:
$468.09
Step-by-step explanation:
first we must calculate the expected future value of the engine overhaul:
($390 x 10%) + ($570 x 30%) + ($750 x 50%) + ($790 x 10%) = $39 + $171 + $375 + $79 = $664
now we must determine the present value of $664 using a 6% interest rate:
PV = FV / (1 + r)⁶ = $664 / 1.06⁶ = $468.09