Provide an appropriate response.Find the present value of a future value of $1,750 due in 9 years at an effective rate of 3.65%.

What will be an ideal response?


The present value is $1,267.40.

Mathematics

You might also like to view...

Round to the indicated place value.Round to the nearest hundredth: 1.764

A. 1.76 B. 1.75 C. 1.77 D. 1.8

Mathematics

Solve the problem.The table shows the prizes and probabilities of winning (on a single $1 ticket) for a particular state lottery. Find the expected value of the winnings for a single lottery ticket. 

A. -$0.79 B. -$0.75 C. $0.21 D. -$0.84

Mathematics

Solve using a system of three linear equations.A deli sells three sizes of turkey sandwiches: the small turkey sandwich contains 6 ounces of meat and sells for $3.50; the regular turkey sandwich contains 9 ounces of meat and sells for $4.00; and the large turkey sandwich contains 13 ounces of meat and sells for $4.50. A customer requests a selection of each size for a reception. She and the manager agree on a combination of 50 sandwiches made from 27 pounds 4 ounces of turkey for a total cost of $196. How many of each size sandwich will be in this combination? (Note: 1 pound = 16 ounces)

A. 20 small sandwiches, 16 medium sandwiches, 14 large sandwiches. B. 18 small sandwiches, 22 medium sandwiches, 10 large sandwiches. C. 16 small sandwiches, 28 medium sandwiches, 6 large sandwiches. D. 14 small sandwiches, 18 medium sandwiches, 18 large sandwiches.

Mathematics

Supply the missing numbers. fraction decimal percent0.8

A.   80%
B.   8%
C.   80%
D.   8%

Mathematics