<span>Present value = Future value / [1+ {Interest rate}]^n where n is the duration of investment.----------(1)
Given : Interest rate = 3%, Duration, n = 3 years.
Plugging in the values in the above equation (1)
Present value = (4370.91) / (1+3%)^3
Present value = 4370.91/(1.03^3)
Present value = 4370.91/1.0927
Present value = $ 4000.</span>
Answer:
idek but same
Step-by-step explanation:
Answer:
The bottle that costs less per ounce is the 11 ounce
Step-by-step explanation:
First you have to divide each ounce by the cost to find out how much each ounce costs.
1.65 divided by 11 is 0.15 and 2.52 divided by 14 is 0.18.
Hope this helps!
If you plot the points given on a coordinate plane you see that this is a hyperbola that is is horizontal in nature, meaning it opens side to side, not up and down. We can determine the center of it by taking the point equidistant from the vertices, which is (4, 5), the h and k of our center, respectively. Also, the equation looks like this when it is horizontal:
. a is the distance between the center and the vertices, so our a = 2, and c is the distance between the center and the foci, so our c = 3. We need to find b now, using Pythagorean's theorem.
and
. Now we have everything we need to rewrite the equation: