The present worth of a deposit of $1000 now and $1000 every 6 months for 10 years at an interest rate of 10% per year, compounded semiannually is represented by which of the following equations
:
(a) P = 1000(P?A,5%,21)(F?P,5%,1)
(b) P = 1000 (P?A,5%,20)
(c) P = 1000 (P?A,5%,21)
(d) P = 1000 + 1000(P?A,10.25%,10)
(a) P = 1000(P?A,5%,21)(F?P,5%,1)
Trades & Technology
You might also like to view...
Which of the following is not part of a drum brake
a. Gate valve b. Choke valve c. Pinch valve d. Safety valve e. Ball valve
Trades & Technology
Technician A uses three prong electrical cords when possible. Technician B uses double insulated electrical tools. Which technician is correct?
A) Technician A only B) Technician B only C) Both technicians A and B D) Neither technician A nor B
Trades & Technology
Hydraulic brake system leaks can be internal and external.
Answer the following statement true (T) or false (F)
Trades & Technology
What component is used to trigger sensors in a wheel speed sensor?
What will be an ideal response?
Trades & Technology