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yuradex [85]
3 years ago
15

Michael has just won some money on a game show! He has the option to take a lump sum payment of $700,000 now or get paid an annu

ity of $3,600 at
the beginning of each month for the next 20 years. Assuming the growth rate of the economy is 3.4% compounding annually over the next 20 years, which
is the better deal for Michael and by how much? (4 points)
Mathematics
1 answer:
Maslowich3 years ago
6 0

Answer:

Answer is B, the nominal rate is 3% and the interest rate is 1%

Step-by-step explanation:

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Jlenok [28]

Answer:

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Step-by-step explanation:

7 0
3 years ago
jill mowed lawns for 3 hours and earned $7.20 per hour.Then she washed windows for 4 hours and earned $6.75 per hour. what were
Aleksandr-060686 [28]
Actually, she worked for seven hours, so I'll solve for that.

7.20 x 3 = 21.6

6.75 x 4 = 27

21.6 + 27 = 48.6

48.6 /2 = 24.3

Her average should be $24.3  If she did work six hours, just multiply 6.75 x 3 and do what I did.
5 0
3 years ago
Find the value of x. if your answer is not an interger, leave it in simplest radical form. The diagram is not drawn to scale. PL
Reptile [31]
Just do pythagorean theorem. The answer is the square root of 75
8 0
3 years ago
Read 2 more answers
I need help ON THIS PLS
Anit [1.1K]

Answer:

No, because the ratio of pay to hours is not the same for each pair of value.

8 0
3 years ago
Math help please show work
saw5 [17]

Answer:

You can measure the area of the yard but measuring the length and width and then multiplying. Then you can divide by the amount of sod that is used to cover to see how many bags that need to be bought.

Step-by-step explanation:

This should be good :)

pls mark brainliest:)

3 0
3 years ago
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