You start by cross multiplying.
4 x 12 = 48
Therefore, the value of 4/6 is equal to 48.
You do the same on the other side.
6 x 9 = 54
Therefore, the value of 9/12 is equal to 54.
No. 9/12 is greater than 4/6.
FV = PV / (1 +r)^n
Where FV = Future Value, PV = Present Value, r = inflation rate in %,
n = number of years.
PV = $38, r = 4%, n = 3 years.
FV = 38 / (1 + 4%)^3
= 38 / (1 + 0.04)^3
= 38 / (1.04)^3 = 33.782
Hence the value 3 years from now = $33.78
Answer:
$354,600
Step-by-step explanation:
The PV (present value) of a USD 100,000 outcome at the end of each year for the next four (4) years is USD 354,600.
Present value (PV) of annuity = USD 100,000 at 5% for 4 years
Present Value of Annuity of $1
= 3.546 × USD 100,000
= $354,600
The greatest common factor of 30, 60, and 75 is 15.
15 x 2 = 30
15 x 4 = 60
15 x 5 = 75
Answer:
a.) (1, 6)
Step-by-step explanation:
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