Kevin runs a farm stand that sells apples and raspberries. Each pound of apples sells for $3.50 and each pound of raspberries se
1 answer:
You might be interested in
Answer:
$6,020,826.711
Step-by-step explanation:
The computation of the present value of that year salary is shown below:
As we know that
Present value in case of continuous compounding, the formula is
where,
The Guaranteed amount is $9,000,000
The Time period is 6 years
And, the interest rate is 6.7%
Now placing these values
So, the present value is
= $6,020,826.711
Answer:
Option B.
Step-by-step explanation:
we know that
The area of a square is equal to
where
x is the length side of the square
In this problem we have
substitute and solve for x
suqre root both sides