Ben sold his small online business for $100,000. The purchaser will pay him $20,000 today, then $20,000 every year for the next four years. Assume that Ben could invest a lump-sum payment today in an account yielding an interest rate of 4% annually. Find the total present value of all five payments.

A.
$87,096
B.
$88,384
C.
$92,598
D.
$93,964

Answers

Answer 1

Answer:

c. 92,598

Step-by-step explanation:

20000 + 20000/1.04 + 20000/(1.04^2) + 20000/(1.04^3) + 20000/(1.04^4)= 20000 + 19230.77 + 18491.12 + 17779.73 + 17096.08

= 92597.

= 92,598


Related Questions

Emma wants to buy a new cell phone. She commits to saving 10% of the cost
each month. Let p be the percent she has saved after m months.

Answers

Answer:

p(m) = 0.1(m)

Step-by-step explanation:

Given that :

Percentage of cost saved per month = 10%

The percentage, p of cost saved after m months will be ;

Percentage of cost saved after m, months will be ; p(m) = Percentage of cost saved per month * number of months

p(m) = 10% * m

p(m) = 0.1(m)

What is the slope of a line perpendicular to the line containing the points (4,-7) and (-5,-1)? Express your answer as a common fraction.

40 POINTS!!!!!!

if not right i report

Answers

Answer:

3/2

Step-by-step explanation:

Slope 1 = (-1+7)/(-5-4) = 6/(-9) = -2/3

Slope 2 perpendicular to Slope 1 :

-1 ÷ -⅔ = 3/2

PLS HURRY I’LL GIVE BRAINLIEST!!!!!!

If one gallon of paint covers 270 square feet, how many gallons of paint will be needed to cover the shed, not including the roof? If a gallon of paint costs $25, about how much will it cost to paint the walls of the shed?

Answers

Answer:

$58.5

Step-by-step explanation:

the surface area of the shed =

[2×(11+15)×11] +[2×½×15×4]

= 572 +60

= 632 ft²

the total costs = 632/270 × $25 = $58.5

7467 gfdstbbjjxdfghhvvvggv. Bhfddfghkxxvjhh

Solve the following question algebraically please

Answers

Answer:

c. x = ± 7

Step-by-step explanation:

2x^2 = 98

x^2 = 98 / 2

x^2 = 49

x^2 = ± 7

Answer:

c

Step-by-step explanation:

x2= 98/2

=49

x2=49

x= +_7

Which number is irrational?
A. [tex]\frac{\pi }{6}[/tex]
B. 8.1
C. Recurring decimal 11.9
D. [tex]\sqrt{36}[/tex]

Answers

A. pi/6

Irrational numbers are not able to be written as fractions or non-recurring decimals.

B. 8.1 = 81/10
C. 11.999999.... = 12 = 12/1
D. sr(36) = 6 = 6/1

pi is already irrational so dividing it by 6 does not fix that

Solve (x + 5)∕3 = 4 for x.

Answers

4+5=9 • 3 =27/4= 6.75

Answer:

7

Step by step explanation:

1. multiply both sides by 3

          3(x+5)/3 =4 x 3

2. Simplify

   x + 5=12

3. Subtract 5 from both sides

   x+5-5=12-5

4. Simplify

  7

7 = -10s - 3 for iready

Answers

Answer:

-1 =s

Step-by-step explanation:

7 = -10s - 3

Add 3 to each side

7+3 = -10s - 3+3

10 = -10s

Divide by -10

10/-10 = -10s/-10

-1 =s


Find the amount of interest for a 19-year investment of $4500 at a simple annual rate
of 2.73%

Answers

Answer:

A = $7,554.84

A = P + I where

P (principal) = $4,500.00

I (interest) = $3,054.84First, convert R as a percent to r as a decimal

r = R/100

r = 2.73/100

r = 0.0273 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 4,500.00(1 + 0.0273/12)(12)(19)

A = 4,500.00(1 + 0.002275)(228)

A = $7,554.84

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $4,500.00 at a rate of 2.73% per year compounded 12 times per year over 19 years is $7,554.84.

Step-by-step explanation:

Find the ratio math PLEASE HELP 11 POINTSSS

Answers

Answer:

19:13

Step-by-step explanation:

Put the number of oranges to Lemons, 19 to 13 or 19:13

If my answer is incorrect, pls correct me!

If you like my answer and explanation, mark me as brainliest!

-Chetan K

Answer:

correct√

Step-by-step explanation:

oranges=19

lemons=13

oranges to lemons = 19:13

What are the coordinates of point K?

Answers

Answer:

Option A; [tex](\frac{5}{8} , -\frac{1}{4} )[/tex]

Hope this helps!

Answer:

i wanna say A but im not for sure

Step-by-step explanation:

no links, if ur right i’ll give u brainlist!!

Answers

Answer:

answer is C. if im wrong just let me know :3

The population of a town is 1000. This is 125% of the population four years
ago. What was the population four years ago?

NO LINK

Answers

Answer:

800

Step-by-step explanation:

I think it is 1000/1.25 0r 800

Answer:

800

Step-by-step explanation:

What is the inverse of the function f(x) = 169x2 when x ≥ 0?

A- f−1(x) = 13‾‾
B- f−1(x) = √13
C- f−1(x) = 13x
D- f−1(x) = 113

Answers

Answer:

[tex]f^{-1}(x) = \frac{\sqrt{x}}{13}[/tex]

Step-by-step explanation:

Inverse function:

Suppose we have a function y = f(x). To find the inverse, we exchange the y and the x values, and then isolate y.

Function:

[tex]f(x) = 169x^2[/tex]

That is:

[tex]y = 169x^2[/tex]

Exchanging x and y:

[tex]x = 169y^2[/tex]

Isolating y:

[tex]y^2 = \frac{x}{169}[/tex]

[tex]y = \sqrt{\frac{x}{169}}[/tex]

[tex]y = \frac{\sqrt{x}}{13}[/tex]

[tex]f^{-1}(x) = \frac{\sqrt{x}}{13}[/tex]

please help step by step, please

Answers

9514 1404 393

Answer:

title: 300%payday: 650%check cashing: 214%

Step-by-step explanation:

The formula for simple interest is ...

  I = Prt

where P is the principal amount loaned, r is the annual rate, and t is the time in years. Solving for interest rate, we get ...

  r = I/(Pt)

We assume 12 months or 52 weeks in a year.

__

Car title loan

  r = 125/(500×1/12) = 3 × 100% = 300%

The APR is 300%.

__

Payday loan

  r = 125/(500×2/52) = 6.5 × 100% = 650%

The APR is 650%.

__

Check cashing

  r = 19.66/(478.41×1/52) ≈ 2.1369 × 100% ≈ 214%

The APR is about 214%.

there are 6 glass bottles and eight plastic bottles on a rack. I f one is chosen at random, what is the probability of picking a glass bottle? Which simulation can be used to represent this situation

Answers

Answer:

6:8

Step-by-step explanation:

6 is the ratio of glass bottles and 8 is the plastic or you can put 3:4 because you divide the number b 2

Gabriela makes a profit of $0.80 for every cup of coffee that she sells at her coffee shop. She wanted to make a profit of at least $75 today on coffee. If she sold 90 cups today, which statement is correct? She met her goal, because she made less than $75 on coffee today. She met her goal, because she made more than $75 on coffee today. She missed her goal, because she made less than $75 on coffee today. She missed her goal, because she made more than $75 on coffee today.What is the value of the expression below?

(9.5 minus 3 times 1 and one-half) divided by 0.5
0.5
5
10
19.5

Answers

Answer:

She missed her goal, because she made less than $75 on coffee today.

10

Step-by-step explanation:

Target profit = $75

Profit per cup = $0.80

Number of cups sold = 90

Profit made today = Profit per cup * Number of cups sold

= $0.80 * 90

= $72

She missed her goal, because she made less than $75 on coffee today.

2. (9.5 minus 3 times 1 and one-half) divided by 0.5

(9.5 - 3 * 1 1/2) ÷ 0.5

= 9.5 - 3 * 3/2 ÷ 0.5

= 9.5 - 9/2 ÷ 0.5

= (9.5 - 4.5) ÷ 0.5

= 5 ÷ 0.5

= 10

A municipal electrical utility charges customers a $15 per month fee plus 12 cents per kilowatt-hour of energy used. Write an equation for a customer's monthly costs, C (in dollars) for electric service as a function of x, the kilowatt-hours used.

Answers

Answer:

C(x) = 15 + 12 * x

Step-by-step explanation:

Cost = monthly fee plus cost per hour * hours

C(x) = 15 + 12 * x

Find the dicontinuities of the function.
f(x) =
x2 + 12x + 27
x2 + 4x + 3
.
There is a removable discontinuity at
(
,
).

Answers

Answer:

Step-by-step explanation:

I'm assuming you meant to type in

[tex]f(x)=\frac{x^2+12x+27}{x^2+4x+3}[/tex] because you can only have removable discontinuities where there is a rational (fraction) function. Begin by factoring both the numerator and denominator to

[tex]f(x)=\frac{(x+3)(x+9)}{(x+1)(x+3)}[/tex] and cancelling out like terms would have us eliminating the (x + 3). That is where there is a removable discontinuity. It leaves a hole. The other discontinuity, (x + 1) doesn't cancel out so it is a non-removable discontuinity, which is a vertical asymptote.

The removable discontinuity is at -3. There is no y value at x = -3 (remember there's only a hole here), because -3 causes the denominator to go to 0 and we all know that having a 0 in the denominator of a fraction is a big no-no!!!

Cual es la ecuación recta de m=2 y p (2,3)

Answers

Answer:

y=2x-1

Step-by-step explanation:

use slope formula

the substitute into slope intercept form

what is value? WRONG ANSWERS ONLYY

Answers

Jejekjebswoowemsjsiuahwbbdjddososkwbbeysuzhsbawisidxjsvvsbsjsksoz is the correct answer

Ariana invested $400 in an account paying an interest rate of 3.8% compounded
monthly. Assuming no deposits or withdrawals are made, how much money, to the
nearest ten dollars, would be in the account after 11 years?

Answers

$54970

11 years = 132 months so the balance will compound 132 times.
Adding 3.8% is the same as multiplying by 1.038
400 x 1.038^132 = 54968.09

Of course the 3.8% interest per month is an effective rate of 56.4% per annum
Ariana should have invested a lot more at this amazing rate of interest.

A more reasonable question would have said the annual rate of 3.8% was compounding monthly
3.8% pa = 0.31666...% per month
400 x 1.0031667^132 = $607.17
Depending on the level of your course this answer makes more sense

If i left Raleigh at 9:30 am and drove and drove 6 1/2 hours what time would it be

Answers

Answer: 4:00 pm

Step-by-step explanation:

The answer is 4:00 pm

Solve this system of equations. Show your work!

12x + 6y = 12

y = x + 15

Answers

Answer: The equation has 2 positive integer solutions:

x1 = 0   y1 = 2  

x2 = 1   y2 = 0  

Step-by-step explanation:

The value of x = -4.334  and y = 10.667.

What is linear equations in two variables?

When written as ax + by + c=0, where a, b, and c are real numbers and the coefficients of x and y, i.e., a and b, respectively, are not zero, an equation is said to be a linear equation in two variables.

For this kind of equation, the solution is a pair of values, one for x and one for y, which also make the two sides equal.

Given Equations 12x + 6y = 12...….(1)

    y  = x + 15

y - x = 15...….(2)

divide eq. (1) by 6

(12x + 6y)/6 = 12/6

2x + y = 2

subtract from eq. (2)

y - x  - (2x + y)  = 15 - 2

-3x = 13

x = -13/3 = -4.334

substitute value of x in eq. (2)

y - (-4.334) = 15

y = 15 - 4.334

y = 10.667

Hence the solution of equations gives x = -4.334 and y = 10.667.

Learn more about linear equations in two variables;

https://brainly.com/question/24085666

#SPJ2

Possible names for the following angle -picture is shown

Answers

Answer:

EFB

Step-by-step explanation:

E,F and B I believe

I NEED HELP PLZZ.... WHATS 9+10? ill give brainliest

Answers

Answer:

WHAT IT'S 19??? HELP HAHAHAHAHA

Step-by-step explanation:

deez  njuts

Answer:

19

Step-by-step explanation:

because its 19

Write an exponential function in the form y and (2,396) ab" that goes through points (0,11)​

Answers

Answer:

[tex]y =11(6)^x[/tex]

Step-by-step explanation:

Given

[tex](x_1,y_1) = (0,11)[/tex]

[tex](x_2,y_2) = (2,396)[/tex]

Required

The exponential function

This is represented as:

[tex]y = ab^x[/tex]

In [tex](x_1,y_1) = (0,11)[/tex], we have:

[tex]11 = ab^0[/tex]

[tex]11 = a*1[/tex]

[tex]a = 11[/tex]

So, we have:

[tex]y = ab^x[/tex]

[tex]y = 11b^x[/tex]

In [tex](x_2,y_2) = (2,396)[/tex], we have:

[tex]396 = 11 * b^2[/tex]

Divide both sides by 11

[tex]36 = b^2[/tex]

Taks square roots

[tex]6 = b\\\\b=6[/tex]

So, we have:

[tex]y = 11b^x[/tex]

[tex]y =11(6)^x[/tex]

Can y’all help me on question 17?!

Answers

Answer:C

Step-by-step explanation:

length•width•height

12•4•5.5=264

it’s 264 cubic inches

For this line 3x−4y−12=0, which statement is true? 1- The x-intercept is 4, and the y-intercept is 3. 2-The x-intercept is 4, and the y-intercept is -3 3-The x-intercept is 3, and the y-intercept is -4. 4-The x-intercept is 3, and the y-intercept is 4.

Answers

9514 1404 393

Answer:

  2. The x-intercept is 4, and the y-intercept is -3

Step-by-step explanation:

The given equation is in general form. I find it easier to see the intercepts when the equation is written in standard form:

  3x -4y = 12

Setting y=0 and solving for x, we have the x-intercept:

  3x = 12   ⇒   x = 12/3 = 4

Setting x=0 and solving for y, we have the y-intercept:

  -4y = 12   ⇒   y = 12/-4 = -3

The x-intercept is 4; the y-intercept is -3.

What is the scale factor of this dilation? not drawn to scale

Answers

Answer:

a

Step-by-step explanation:

A study was conducted to examine whether the proportion of females was the same for five groups (Groups A, B, C, D, and E). How many degrees of freedom would the ????2 test statistic have when testing the hypothesis that the proportions in each group are all equal?
a. 1.
b. 0.20.
c. 5.
d. 4.

Answers

Answer:

d. 4

Step-by-step explanation:

The degree of freedom is the amount of independent data set used to calculate an estimate. The degree of freedom is quite different from the sample size (n). It is calculated by subtracting one(1) from the total value of the data set (sample size (n)).

From the information given:

The sample size is the number of people in the same group

sample size n = 5

degree of freedom = n - 1

= 5 - 1

= 4

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