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3 years ago

What's the error in this problem pls help im being timed

Mathematics

2 answers:

Sliva [168]3 years ago

6 0

Answer:

they added 6 on the right instead of subtracting 6

Step-by-step explanation:

Lera25 [3.4K]3 years ago

3 0

Answer:

The second line in the student's work. 5x-6=7x+16

Step-by-step explanation:

In the student's work on the second line, the student incorrectly did 10-6, which equals 4, not 16. So, the correct step should be 5x-6=7x+4.

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3 years ago

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Fittoniya [83]

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4 years ago

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Slav-nsk [51]

Answer:

Step-by-step explanation:

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4 years ago

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Mademuasel [1]

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4 years ago

You are told today that you’ll inherit a castle from your uncle in 5 years. You’ll need to pay a property tax of $500,000 on the

lakkis [162]

Answer:

The amount set aside today for property taxes is $3,449,563.

Step-by-step explanation:

Amount required for property taxes is given as

Amount required $= \frac{Property\ taxes\ in\ year\ 6}{(Interest\ rate - Growth\ rate)}$

where Porperty tax = $500,000

interest tax = 10%

growth rate = 1%

$= \frac{500,000}{(10\% - 1\%)}$

= 5,555,556

Thus, the amount required after 5 years property taxes is $5,555,556.

So, Present value

Present value $= \frac{Amount\ required\ after\ 5\ years}{(1 + Rate)^{Number\ of\ years}}$

$= \frac{5,555,556}{(1 + 0.10)^5}$

$= \frac{5,555,556}{1.6105}$

= $3,449,563

Therefore , the amount set aside today for property taxes is $3,449,563.

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4 years ago