Answer:
x = 2
Step-by-step explanation:
I just chucked it into Wolfram Alpha and it showed me x = 2
also for more proof, insert positive 2 in both x's
Answer:
125,000 * 1.0625^t years
Step-by-step explanation:
compound interest = increase in amount
100 + 6.25 = 106.25
106.25/100 = 1.0625
therefore, 125,000 * 1.0625^years
An opportunity cost of 9 percent, is $42.
We have given that,
The present value of $100 is to be received 10 years from today,
assuming an opportunity cost of 9 percent,
present value =$100
N=10 years
I/y=9
<h3>What is the formula for the present value?</h3>
PV= FV/(1+r)^n
Where FV is the future value.
Use the given values in the formula we get,
Therefore the correct answer is 42.
To learn more about the present value visit:
brainly.com/question/20813161
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