Answer:
Present value = $4,122.4
Accumulated amount = $4,742
Step-by-step explanation:
Data provided in the question:
Amount at the Start of money flow = $1,000
Increase in amount is exponentially at the rate of 5% per year
Time = 4 years
Interest rate = 3.5% compounded continuously
Now,
Accumulated Value of the money flow = 
The present value of the money flow = 
= 
= ![1000\left [\frac{e^{0.015t}}{0.015} \right ]_0^4](https://tex.z-dn.net/?f=1000%5Cleft%20%5B%5Cfrac%7Be%5E%7B0.015t%7D%7D%7B0.015%7D%20%5Cright%20%5D_0%5E4)
= ![1000\times\left [\frac{e^{0.015(4)}}{0.015} -\frac{e^{0.015(0)}}{0.015} \right]](https://tex.z-dn.net/?f=1000%5Ctimes%5Cleft%20%5B%5Cfrac%7Be%5E%7B0.015%284%29%7D%7D%7B0.015%7D%20-%5Cfrac%7Be%5E%7B0.015%280%29%7D%7D%7B0.015%7D%20%5Cright%5D)
= 1000 × [70.7891 - 66.6667]
= $4,122.4
Accumulated interest = 
= 
= $4,742
Let's see -
Let's solve the first question step-by-step
(WARNING - This may confuse you a little)
1)
4 1/8 + 2 1/3
= 33/8 + 2 1/3
= 33/8 + 7/3
= 155/24
= 6 11/24 --------> Note that this is your final answer and it already looks simplified down to its simplest form. :)
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2) This equation, as far as solving it, is no different than number 1. Let's go for it!
5 17/18 - 2 2/3
= 107/18 - 2 2/3
= 107/18 - 8/3
= 59/18
= 3 5/18 -----------------> This is your final answer, and, as before, it looks simplified enough.
↑ ↑ ↑ Hope this helps! :D
Answer:
False
Step-by-step explanation:
The average cost is E = 4.7(2,500) + 34,000 = 45,750 ÷ 2,500 = $18.30.
The solution is option D.
0 4
- 6 1
3 -4
Rember rows times columns.
=>
a11 = 4*0 + 0*(-3) = 0
a12 = 4*1 + 0*1 = 4 + 0 = 4
a21 = -1*0 + 2*(-3) = 0 - 6 = -6
a22 = -1*1 + 2*1 = -1 + 2 = 1
a31 = -3*0 + (-1)*(-3) = 0 + 3 = 3
a32 = -3*1 + (-1)*1 = -3 - 1 = -4
