To calculate the present value we shall proceed as follows:
from the present value table, the percentage corresponding to discount factor of 0.7008 in 5 years is 7%
therefore using the formula:
FV=PV(1+r/100)^n
where:
FV=$1000
PV=?
r=7%
hence:
1000=PV(1+7/100)^5
PV=1000/(1+7/100)^5
PV=712.986
Answer:
126 = n × (n - 5)
Step-by-step explanation:
If Nikki's age is <em>n </em>and she is 5 years older than Jamie, then Jamie is 5 years younger than Nikki's <em>n </em>number of years.
Answer:
a^2 + b^2 = c^2
a^2 + 32^2 = 58^2
a^2 + 1024 = 3364
a^2 = 2340
a = 48.37
Step-by-step explanation:
Answer:
2m
Step-by-step explanation:
GCF of 8 and 18 is 2 and m is the only variable in both parts of the equation.