I think the answer is b if not i’m really sorry
Answer:
I know u saw me before but the answer is B hope it helps! =)
Answer is Mary because
8/8 is a whole
4/8 is a half
3/8 is less than 1/2
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:
The total number of dollars you pay: Dependent
The time in months you keep your service: Independent
