Answer:
1.3
Step-by-step explanation:
4 divided by 3 is 1.33333 and so on
Answer:
Interest Rate : 0.0346 or 3.46%
Step-by-step explanation:
• 429.2=350*(1+x)^6
• 429.2/350= (1+x)^6
•(429.2/350)^(1/6)= 1+x
•(429.2/350)^(1/6)-1= x
Check work:
350*(1+0.0346)^6=429.2
Answer: x<6/2
Step-by-step explanation:
0y>2/3 x-2
You want to flip it
2/3 x-2<0
You want to add 2 to both sides
2/3 x-2+2<0+2
2/3x<2
You want to divide both sides by 2/3
2/3x < 2
-—— —
2/3 < 2/3
X<6/2
The matching function is what the example situation needs to perform to channel intermediaries in contributing values. In addition, the method is used to "match" the unmatched factors to its designated type. The Cobb-Douglas' equation is commonly used in describing the matching function.
FV value of the amount using future value annuity will be:
FV=P[(1+r)^n-1]/r
FV=2460[(1+0.01175)^18-1]/(0.01175)
FV=48,992.23
The present value of this amount will be:
PV=pe^(-rt)
PV=48992.23e^(-0.0235*9)
PV=39,652.81
