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Maksim231197 [3]
3 years ago
7

What's the present value of $1,375 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly?

Business
1 answer:
goldenfox [79]3 years ago
6 0

Answer:

$1,019.39

Explanation:

Just checked the answer and it was correct.

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Company C has a machine that, working alone at its constant rate, processes 100 units of a certain product in 5 hours. If Compan
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Answer:

Therefore the constant rate of new machine should be 30 units per hour.

Explanation:

Given that,

Company C has a machine that, working alone at its constant rate.

In 5 hours it produced 100 units certain product.

In 1 hour it produced (100÷5) units certain product.

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Therefore the constant rate of new machine should be 30 units per hour.

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