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
We are given points

and

.
We first find the midpoint M, of AB, which divides the segment AB into 2 equal parts,
then we find the midpoint N of AM, and midpoint K of MB.
Thus each of the half parts is divided into 2 equal parts. The whole segment is divided into 4 equal parts.
The coordinates of M, N and K are found as follows:
the coordinates of M are:

the coordinates of N are:


similarly, the coordinates of k are:
Answer:
$11
Step-by-step explanation:

We want to calculate the expected gain or loss of Stock ABC with the probabilities above.
Note that loss is written in negative.

Stock ABC has an expected gain of $11.
Answer:
D) x - 0.34x
Step-by-step explanation:
25% + 9% = 34% = 0.34
Will pay 34% in taxes, means he subtracts from is annual income.
x - 0.34x