Which of the following is true of both the ACT and the SAT?
1 answer:
You might be interested in
The concept of present value lets us know that the doggy estate worth in today's dollars is $180614.80
<h3>What is the present value of the doggy estate worth?</h3>The concept of present value is significant because it enables investors to determine whether the amount they pay for an investment is reasonable. The present value of a future cash flow defines how much it is worth in today's value.
From the given information:
- The annual cashflow C = $20,000
- Interest rate (i) = 4.2% = 0.042
- Number of period (n) = 11
Thus, the present value of the doggy estate can be calculated by using the formula;
PV = $180614.80
Learn more about how to calculate the Present value here:
The age of this car when its value is $12,500 is most likely between 2 and 3 years.
<h3>What is a graph?</h3>A graph can be defined as a type of chart that's used to graphically represent data on both the horizontal and vertical lines of a Cartesian coordinate, which are the x-axis and y-axis.
By critically observing the graph attached in the image below, we can infer and logically deduce that the age of this car when its value is $12,500 is most likely between 2 and 3 years.
Read more on graphs here: brainly.com/question/25875680
#SPJ1
