Answer: the worth of the prize today is $150000
Step-by-step explanation:
We would apply the formula for determining present annuity. It is expressed as
PV = R[1 - (1 + r)^- n]r
Where
PV represents the present value of the investment.
R represents the regular payments made(could be weekly, monthly)
r = represents interest rate/number of interval payments.
n represents the total number of payments made.
From the information given,
r = 0.07/12 = 0.0058
n = 150
Therefore,
PV = 1500[1 - (1 + 0.0058)^- 150]/0.0058
PV = 1500[1 - (1.0058)^- 150]/0.0058
PV = 1500[1 - 0.42]/0.0058
PV = 1500[0.58]/0.0058
PV = 1500 × 100
PV = $150000
Answer:
<4=146
<5=34
<6=146
<7=34
Step-by-step explanation: If angle GEF is 34 degrees the angle measures for 4,5,6, and 7 would be #4 = 146 #5 = 34 #6 = 146 and #7 = 34
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