Answer:
$199,047.62
Step-by-step explanation:
PV = X(1+i)^nm
X=$209000
i=5% = 0.05
n=1
m=1
Pv=$209000(1+0.05)^-1x1
Pv=$209000(1.05)^-1
Pv=$209000(1/1.05)
Pv=$209000/1.05
Pv=$199,047.62
$199,047.62 is needed to be donated for investment at 5.0% compounded annually rate for a year so as to get $209,000 at end of the year for the purpose of funding the scholarship.
1. write in standard form
2. group like terms
3. combine like terms
4. distribute the negative
I think this should be the answer!!
There is no rectangle shown.
To find area, you multiply the rectangle’s length by its width. If it comes out to be a decimal and you need to round it by the nearest tenth, then you round it to the right of the decimal point.
Ex: 2.34 -> 2.3
Then, to find how much square inches are equal to square ft, you divide the square inches by 12, I believe.
Answer:
B. is your answer.
Step-by-step explanation: