Answer:
Answer: $3.5 per pound
Step-by-step explanation:
Solution: Convert 1 and 1/2 into a decimal which is 1.5 Then divide 5.25 by 1.5 to see how much it is per pound. $3.5 per pound is the answer!
I don't think this is math, sorry, lol
1/3 of $9.30 is $3.10 because you are dividing 930/3 and multiplying by the numerator 1. Then subtract 9.30-3.10 because that is what was spent on the snow one. The child now has $6.20 plus the .75 she finds equals $6.95
The preferred gig is the first one since its today's worth is greater than the today's value of the second gig
What is the today's worth of $5000 each year?
The worth of the second gig, which pays $5000 every year for the next 6 years in today's dollar is the present value of all the six annual cash flows discounted using the present value formula of an ordinary annuity as shown below:
PV=PMT*(1-(1+r)^-N/r
PV=present value of annual payments for 6 years=unknown
PMT=annual payment=$5000
r=required return=discount rate=8%
N=number of annual cash flows=6
PV=$5000*(1-(1+8%)^-6/8%
PV=$5000*(1-(1.08)^-6/0.08
PV=$5000*(1-0.630169626883105)/0.08
PV=$5000*0.369830373116895
/0.08
PV=$23,114.40
The fact that the present value of the second option which pays $5000 annually is lesser than the amount receivable immediately, which is $25,000, hence, the first gig is preferred
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Answer:
identity property of zero
Step-by-step explanation: