Paulo has won the lottery. He is offered a series of payments of $10,000 per year for 10 years. What is the present value of these payments at an interest/discount rate of 6%

Answers

Answer 1

The present value of the payments is $73,600.87.

Present value of a cash flow is the value of the cash flow today. This is determined by adding the discounted cash flows of the cash flows together.  

Discounted year 1 cash flow: 10,000 / (1.06) = 9,433.96

Discounted year 2 cash flow: 10,000 / (1.06)^2 = 8,899.96

Discounted year 3 cash flow: 10,000 / (1.06)^3 = 8,296.19

Discounted year 4 cash flow: 10,000 / (1.06)^4 = 7,920.94

Discounted year 5 cash flow: 10,000 / (1.06)^5 = 7,472.58

Discounted year 6 cash flow: 10,000 / (1.06)^6 = 7,049.61

Discounted year 7 cash flow: 10,000 / (1.06)^7 = 6,650.57

Discounted year 8 cash flow: 10,000 / (1.06)^8= 6,274.12

Discounted year 9 cash flow: 10,000 / (1.06)^9 = 5,918.98

Discounted year 10 cash flow: 10,000 / (1.06)^10 = 5,583.95

The sum of the discounted cash flows = $73,600.87

A similar question was solved here: brainly.com/question/9641711?referrer=searchResults


Related Questions

What is the solution?
[tex]\lim_{x\to 0} \frac{x + 2}{ x -2}[/tex]


Math please ​​

Answers

Answer:

[tex] - 1[/tex]

Step-by-step explanation:

[tex]\lim_{x\to 0} \frac{x + 2}{ x -2}[/tex]

[tex] = \frac{0 + 2}{ 0 -2}[/tex]

[tex] = \frac{2}{-2}[/tex]

[tex] = - 1[/tex]

Answer:

- 1

Ok? Understand?

........

What is the advantage of paying your credit card balance in full each month?
You will incur only a small "paid in full" fee on your next credit card statement.
You pay only a small amount of interest.
You have less of your credit limit available, therefore, less temptation to spend.
You avoid paying any interest and fees.

Answers

Answer:

D

You avoid paying any interest and fees, this is the most obvious since you are trying to avoid debt and fees which will build up as you don't pay them

4. Rhonda deposited $3000 in an account in
the Merrick National Bank, earning 4.2%
interest, compounded annually.
How much will she have in 5 years?

Answers

Answer:

Step-by-step explanation:

3000(1.042)^5= 3685.18970751

which rounds to 3685.19

Please answer correctly! Give the correct solution to get the right answer on the graph. Will give brainliest to the correct answer.

This is Algebra 2.

Answers

I believe it’s 6, because I worked it out and got 6.

2(2x - 3) > 6 solve for x

Answers

2x2=4
2(-3)=-6
4(6)=24
24-6=30

Answer:

x > 3

Step-by-step explanation:

2(2x -3) >6

4x - 6 > 6( collect the like terms)

4x > 12(divide both sides by 4)

x > 3

PLS MARK BRAINLIEST

P is the set of integers that are greater than or equal to -3 and less than -1

Answers

Yes the answer is greater than

Taci is studying a map before her hiking trip. on her map, 2 inches equals 85 miles. how far apart are two locations if they are 1.5 inches apart on the map? a. 63.75 miles c. 68 miles b. 113.33 miles d. 67.11 miles

Answers

Answer:

a

63.75

I decided 85 by 2 to get what one Ince would be and then multiplied that number by 1.5

someone help please!

Answers

See below for answer to your question

Write an equation (any form) for the quadratic graphed below:

Answers

Vertex is (2,3), so that gives us:

    y=a(x-2)^2+3

Now the graph goes through (0,1), so plug that in to find a:

    1 = a(0-2)^2+3

  -2 = a(-2)^2

  -2 = a•4

 -1/2 = a

So, y = -1/2 (x-2)^2 + 3

   

Answer:

y = - ½(x - 2)² + 3

Step-by-step explanation:

Given the vetex, (2, 3), as the maximum point on the graph, along with the y-intercept, (0, 1):

We can substitute these values into the given vertex form of the quadratic equation:

y = a(x - h)² + k

where:

a = determines whether the graph opens up or down, and makes the parent function wider or narrower. If a is positive, the graph opens up; if a is negative, the graph opens down. If 0 < a < 1, the graph is wider than the parent function. If a > 1, the graph is narrower than the parent function.(h, k ) = vertexh = determines how far left or right the parent function is translated.k = determines how far up or down the parent function is translated.

Use vertex = (2, 3) and y-intercept (0, 1) to solve for "a":

y = a(x - h)² + k

1 = a(0 - 2)² + 3

1 = a(-2)² + 3

1 = a(4) + 3

Subtract 3 from both sides:

1 - 3 = a(4) + 3 - 3

-2 = 4a

Divide both sides by 4 to solve for a:

-2/4 = 4a/4

- ½ = a

Therefore, the value of a = - ½. This means that the graph opens downward, and that the parabola is wider than the parent function.

The quadratic equation in vertex form given a = - ½, and vertex (2, 3) is:  

y = - ½(x - 2)² + 3

Please mark my answers as the Brainliest if you find this explanation helpful :)

a reduced fat cookie contains 11g of fat per serving. in order for food to be termed 'reduced fat', it must have at least 20% less fat than the regular item. what can conclude about how much fat is in a serving regular cookie?

Answers

Personally, I did this in a kinda weird way but I think that it should be correct

-How I figured the answer out-

I took 11g and wrote 80% next to it, because after all it has 80% less fat than the regular cookie.

Then, I scaled it down to 10% by dividing by 8, which got me

1.375g = 10%

And finally, I multiplied by 10 to now have 100% (meaning, a regular serving size cookie) and be left with the result: 13.75g

-The answer-

13.75g   (don't forget to write the units)

Have a great day :)

which transformation would result in a geometric figure

Answers

Answer:

You reflect it, Translated and Rotate it

Step-by-step explanation:

hope this helps



HELP ME WORTH 10

A. The number of gallons in the tank after one hour

B. The rate of change of gas in her tank over time

C. The number of gallons of gas at time x=0

D. How long it takes Ai Mi to run out of gas

Answers

Answer:

B

Step-by-step explanation:

the amount of gas in tank changes over time (hours)

pls correct me if I'm wrong hope this helps

Please help fast!! Quarter ends tonight!

Answers

Answer:

-18

Step-by-step explanation:

2 x -2^3 + 3 x 2 x -1 - 4 x -1^2 = -18

Answer I think is 18

Step-by-step explanation:

The first part is 16, then the second part is 6, then the third part is 4. So then it would be 16+6-4=18, if I'm not mistaken.

Let f(x) = x - 2, g(x) = -7x + 10, . Evaluate
f(g(1))
Help me pleazz

Answers

Answer:

[tex]f(x) = x - 2 \\ g(x) = - 7x + 10 \\ f(g(x)) = ( - 7x + 10) - 2 \\ f(g(x)) = - 7x + 10 - 2 \\ f(g(x)) = - 7x + 8 \\ f(g(1)) = - 7(1) + 8 \\ f(g(1)) = - 7 + 8 \\ \boxed{f(g(1)) = 1}[/tex]

f(g(1)) = 1 is the right answer.

How long should an escalator be if it is to make an angle 30 with the floor and

Answers

Answer:

it should be 23 feet long

Step-by-step explanation:

Bernie bought a refrigerator at a special sale. The refrigerator regularly sold for $1296. No down
payment was required. Bernie has to pay $72 per month for 12 years. What is the average amount
Bernie pays in interest each month?
$0
$14.22
$17
ОО
$72

Answers

Answer:

$14.22 is the interest rate

What is the quotient of 3/4 and 5/6

Answers

Answer:

9/10 in fraction form 0.9 in decimal form

Step-by-step explanation:

Answer:

9/10

Step-by-step explanation:

keep change change, then multiply.

what is f(-1) for the graph shown below?

Please help

Answers

Answer:

f(-1)= -3

Step-by-step explanation:

We all know f(x) = y

Since x= -1, y= -3 as per given in the graph, so

f(-1)=-3

Using pemdas, please help with the following questions:

Answers

Answer:

Step-by-step explanation:

(9 + 33 - 6) ÷ 6 - 3²

             36 ÷ 6 - 3²   p

             36 ÷ 6 - 9    e

                     6 - 9    md

                         - 3   as

(10 + 43 - 5) ÷ 6 + 5²

              48 ÷ 6 + 5²    p

              48 ÷ 6 + 25   e

                       8 + 25  md

                             33  as

(6 + 3)² + (9 - 10 + 5)

       9² + 4     p

      81 + 4      e

      81 + 4      md not used

            85     as

4 x (12 x 6 - 4²) + 9        must use pemdas inside the parentheses first

4 x (12 x 6 - 16) + 9     e   (p not used inside)

     4 x (72 - 16) + 9    md

             4 x 56 + 9    as   parentheses complete, start over

                 224 + 9    md  (pe not used)

                       233    as

PLEASE HELP WORTH 10

D. The expected height for someone with a femur length of 55 centimeters

Answers

Answer:

D. The expected height for someone with a femur length of 55 centimeters

Help I will give a lot of points and stuff

Answers

Answer:

x² - 20x - 12 = 0

Step-by-step explanation:

One root is given, 10 - 4√7.

Since the polynomial has to have rational roots and of a minimal degree, the other root is the conjugate of the given and the polynomial is of degree 2 minimum.

The polynomial is:

(x - 10 - 4√7)(x - 10 + 4√7) = 0x² - (10 - 4√7 + 10 + 4√7)x + (10² - (4√7)²) = 0x² - 20x + 100 - 112 = 0x² - 20x - 12 = 0

what is a rapid loan?

Answers

Answer:Rapid Loans Fast is the premier provider of cash advances, emergency and weekend loans. ... Thanks to the introduction of modern IT, the application for an online loan will take you no more than 5-10 minutes. Approval occurs automatically, after which the payday loans are instantly transferred to the borrower's bank card.

Step-by-step explanation:

Which fraction is equivalent to the one shown below?

Answers

Subtracting a negative becomes addition.

Both of the subtractions are subtracting a negative , so they both become addition.

Answer: D. 18 5/8 + 22 2/5 + 40 1/5

From the sum of 4x² - 2x +6 and 2x² + 4x-1, subtract 5x2 + 2x -4.

Answers

Answer:

x² + 9

Step-by-step explanation:

Add:

4x² - 2x + 6 + 2x² + 4x - 1 = 6x² + 2x + 5

Subtract:

6x² + 2x + 5 - 5x² - 2x + 4 = x² + 9

Answer:  [tex]\large \boldsymbol {\sf x^2+9 }[/tex]

Step-by-step explanation:

[tex]1) \\\\ \large \boldsymbol {} \sf 4x^2-2x+6 \\ + \\ \underline{2x^2+4x-1} \\\\6x^2+2x+5[/tex]          [tex]2) \\\\ \large \boldsymbol {} \sf 6x^2+2x+5 \\-\\ \underline{5x^2+2x-4} \\\\x^2+9[/tex]

Find the mode(s) for the following group of data items.
33, 30, 29, 28, 34, 31, 27, 29
Select the correct choice below and, if necessary, fill in the answer box within your choice.


O A. The mode(s) is/are
(Use a comma to separate answers as needed.)


O. B. There is no mode.

Answers

the answer is probabaly B i don’t even know lol

what is the like term for 4x^2

Answers

Answer:

Step-by-step explanation:

4x^2+5x^2+x^2

help please i will give brainliest

Answers

Answer:

Give me branilest first you scammer

Step-by-step explanation:

Determine the slope of the line passing through the given points.
(1, 2) and (2, -1)
O m = -3
m = -1
m = -6
I m = 1

Answers

Hi there!  

»»————- ★ ————-««

I believe your answer is:  

m = -3  

»»————- ★ ————-««  

Here’s why:  

⸻⸻⸻⸻

[tex]m = \frac{\text{Change in Y}}{\text{Change in X}} = \frac{-1-2}{2-1} = \frac{-3}{1}=\boxed{-3}[/tex]

⸻⸻⸻⸻

»»————- ★ ————-««  

Hope this helps you. I apologize if it’s incorrect.  


pls help!!!!!!!!!!!!!!

Answers

Answer:

HMmMm I think the answer is yes

Find any solutions of x/x-1 + 2/x+2= -6/x^2+x-2

Answers

Answer:

a I think ooookkkkk

The solution of the equation x/(x-1) + 2/(x+2) = -6/(x²+x-2) represented by statement is option D. The equation has one true solution and one extraneous solution.

To find the solutions to the equation, we need to simplify and solve for x:

x/(x-1) + 2/(x+2) = -6/(x²+x-2)

Factor the denominators on both sides of the equation.

The denominator on the left side can be factored as follows:

x² + x - 2 = (x+2)(x-1)

Find the common denominator.

The common denominator for the left side is (x-1)(x+2).

Rewrite the fractions with the common denominator:

[(x+2) × x]/[(x-1)(x+2)] + [2 × (x-1)]/[(x-1)(x+2)] = -6/[(x+2)(x-1)]

Combine the fractions,

[x(x+2) + 2(x-1)] / [(x-1)(x+2)] = -6/[(x+2)(x-1)]

Eliminate the denominator:

Multiply both sides by (x+2)(x-1) to eliminate the denominators:

[x(x+2) + 2(x-1)] = -6

Expand and simplify the equation:

x² + 2x + 2x - 2 = -6

x² + 4x - 2 = -6

x² + 4x + 4 = 0

Solve for x using the quadratic formula:

x = (-b ± √(b²-4ac)) / 2a

Here, a = 1, b = 4, and c = 4.

x = (-4 ± √(4² - 4 × 1 × 4)) / 2× 1

x = (-4 ± √(16 - 16)) / 2

x = (-4 ± √0) / 2

x = (-4 ± 0) / 2

x = -4 / 2

x = -2

The equation has one true solution, x = -2 (repeated root).

Now, let's check this solution in the original equation:

x/(x-1) + 2/(x+2) = -6/(x²+x-2)

(-2)/((-2)-1) + 2/((-2)+2) = -6/((-2)²+(-2)-2)

(-2)/(-3) + 2/0 = -6/(4-2-2)

2/0 is undefined, and since we cannot divide by zero, we have an extraneous solution.

Therefore, the correct statement  for the solution is option D. The equation has one true solution and one extraneous solution.

learn more about solution here

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