Answer:
$199,047.62
Step-by-step explanation:
PV = X(1+i)^nm
X=$209000
i=5% = 0.05
n=1
m=1
Pv=$209000(1+0.05)^-1x1
Pv=$209000(1.05)^-1
Pv=$209000(1/1.05)
Pv=$209000/1.05
Pv=$199,047.62
$199,047.62 is needed to be donated for investment at 5.0% compounded annually rate for a year so as to get $209,000 at end of the year for the purpose of funding the scholarship.
Answer:
0.75
Step-by-step explanation:
3/4=0.75
Hope this helps! :)
Answer:
A}
Step-by-step explanation:
It is 10 times because it is one digit to the left that makes 10 times greater
1. yes, it is a proportional relationship
2. k=3
3. y=3x
4. 3
5.y=35x
6. y=7
hope this helps!
