So your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.
recall the formula for a compounded continously is
P×e^(r×t)
the answer is 7750×e^(.04×5)
Answer:
$56,000
Step-by-step explanation
The mean is the average so add all of the numbers together and divide by how many numbers there are.
30000+40000+40000+80000+90000=280,000
280,000/5 = 56,000
126/7 = 18 so the quotient is 18. There is no need to use distributive property.
