David received his allowance on Sunday. He spends 1/4 of his allowance on Monday and 2/3 of the remainder on Tuesday. What part
1 answer:
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Answer:
Justin worked as a babysitter 8 hours and worked as a lifeguard 2 hours last week
Step-by-step explanation:
Let
x ----> number of hours worked as a babysitter last week
y ----> number of hours worked as a lifeguard last week
we know that
----> equation A
----> equation B
Solve the system by substitution
Substitute equation B in equation A
solve for y
Find the value of x
therefore
Justin worked as a babysitter 8 hours and worked as a lifeguard 2 hours last week
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