Answer:
Danny does
Step-by-step explanation: 40 / 4 = 10
85 / 5 = 17
10 is less than 17 meaning that Danny is offering a better deal.
Hope this helps!
Answer:
yea its in the book
Step-by-step explanation:
Answer:
252
Step-by-step explanation:
560x0.45 is 252
Answer:
the present value is 3,162 euros
Step-by-step explanation:
The computation of the present value is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
3,200 euros = Present value × (1 + 0.012)^1
3,200 euros = Present value × 1.012^1
Present value is
= 3,200 euros ÷ 1.012
= 3,162 euros
Hence, the present value is 3,162 euros