Answer:
The present value of the fund=$25,939.66
Step-by-step explanation:
Step 1
Determine the future value of the fund as shown;
Future value(F.V)=payment amounts per year×number of years
where;
payment amounts per year=$10,000
number of years=6
replacing;
Future value (F.V)=(10,000×6)=60,000
Future value (F.V)=$60,000
Step 2
Determine the present value (P.V) of the fund as shown;
F.V=P.V(1+r)^n
where;
F.V=future value
P.V=present value
r=annual interest rate
n=number of years
In our case;
F.V=$60,000
P.V=unknown
r=15%=15/100=0.15
n=6
replacing;
60,000=P.V(1+0.15)^6
60,000=P.V(1.15)^6
P.V=60,000/{(1.15)^6}
P.V=25,939.66
The present value of the fund=$25,939.66
Answer:
csc(x) = 
Step-by-step explanation:
sinx + cos^2(x)/sin(x) = sin(x) + (1-sin^2(x))/sin(x) = 1/sin(x) = csc(x)
csc(x) =
Answer:
15
Step-by-step explanation:
Answer:
6
any more help just ask :)
<span>N = number that must be inserted in the given numbers
to be divisible by 6
=> 3n
=> 85n
Now, let’s find a best number that will multiplied with both given number and
is divisible with 6.
=> 85n / 6
=> 85(6) / 6
=> 510 / 6
=>n = 6
now, let’s try to 3
=> 3(6) / 6
=> 18 / 6
=> 3
Thus, the value of N is 6 because it is divisible by 6 when multiplied to the
given number.
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