Jose is asked to graph the equation y = −4x + 5 without a table, but he cannot remember how. Which explanation will help him gra
1 answer:
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Answer:
$102,677.20
Step-by-step explanation:
The present value of an annuity due is determined by the following expression:
Where 'P' is the amount of each payment received, 'r' is the interest rate on the investment and 'n' is the number of yearly payments.
With 20 annual payments of $10,000 at a rate of 8.5%, the present value is:
The present value of your winnings is $102,677.20.
The circumference is the correct.
It can be found using the formula,
It can be found using the formula,