Answer:
a) The present value is 688.64 $
b) The accumulated amount is 1532.60 $
Step-by-step explanation:
<u>a)</u><u> The preset value equation is given by this formula:</u>

where:
- T is the period in years (T = 10 years)
- r is the annual interest rate (r=0.08)
So we have:
Now we just need to solve this integral.

The present value is 688.64 $
<u>b)</u><u> The accumulated amount of money flow formula is:</u>

We have the same equation but whit a term that depends of τ, in our case it is 10.
So we have:
The accumulated amount is 1532.60 $
Have a nice day!
Combine like terms
-2x-4=-2x-4
Since the equations are the same, the answer is infinitely many solutions.
Answer:
x=8
Step-by-step explanation:
You are trying to solve for k (get k by itself)
-5k - 19 = 5 - 13k Add 19 on both sides
-5k - 19 + 19 = 5 - 13k + 19
-5k = 24 - 13k Add 13k on both sides
-5k + 13k = 24 - 13k + 13k
8k = 24 Divide 8 on both sides
k = 3