Im not sure if you wrote this wrong because (x+y)2 does equal x2+y2. An example would be if x equals 3 and y equals 4 (3+4)2=(3)2+(4)2 (7)2=6+8 14=14.

6 0

3 years ago

An investor plans to invest $500 a year and expects to get a 10.5% return. If the investor makes these contributions at the end

taurus [48]

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.

Learn more about Return Amount here brainly.com/question/2456547

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4 0

2 years ago