You have to simplify the 1/5 first.
Then simplify the square root of 1 to equal 1
Then rationalize the denominator
Then simplify
Answer:
B
Step-by-step explanation:
I took the test
The present value of the investment is $6000.
According to the statement
Principal amount = $500
and Return amount = 10.5%
Time period = 20 years.
Now we find the present value of money then
By the formula
PV = P[1-(1+r)^n]/r
PV = 500[1-(1+0.10)^20]/0.10
PV = 6000
So, The present value of the investment is $6000.
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Answer:
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<h3>hope it would be helpful </h3>