2 years ago

6.

1 answer:

4 0

$PV = C* \frac{1- (1+r/n)^{-nt} }{r/n}$

Where, PV = Present vale, C = Quarterly payments =$52,000, r = Annual interest rate = 8% = 0.08, n = Number of payments per year = 4, t= time of payment in years = 5

Substituting,
$PV = 52000* \frac{1- (1+0.08/4)^{-4*5} }{0.08/4} = $85,027.53$

The closest answer is $85,027.44

You might be interested in

Abraham throws a ball from a point 40 m above the ground. The height of the ball from the ground level after ‘t' seconds is defi

Minchanka [31]

Answer:

8.899s

Solve: -5t^+40t+40

7 0

2 years ago

Connor has seven more nickels than dimes and twice as many quarters as dimes. If he has $6.20, how many nickels does he have?

Novosadov [1.4K]

Connor has 16 nickels. If you have 9 dimes (90 cents) and you doubled it that would give you 18 quarters ($4.50). you have 7 more nickels than dimes, so you do 7+9 which equals 16 nickels (80 cents). 90+450+80=620.

8 0

2 years ago

Which statements about the hyperbola are true? Select two options.

timofeeve [1]

Answer:

The answer is B and E.

Step-by-step explanation:

5 0

2 years ago

Let F(x, y, z) = (5ex sin(y))i + (5ex cos(y))j + 7z2k. Evaluate the integral C F · ds, where c(t) = 8 t , t3, exp( t ) , 0 ≤ t ≤

maria [59]

I'm going to assume this reads