For each of the following, compute the present value: Present Value Years Interest Rate Future Value
$12 4 % $18,928 4 9 43,117 16 12 806,382 21 11 663,816

1. $11,822.61

2. $30,577.76

3. $131,546.81

4. $74,117.67

Step-by-step explanation:

The calculation of present value is shown below:-

For 1 scenario

= $11,822.61

So, the present value of 1st scenario is $11,822.61

For 2nd scenario

= $30,577.76

So, the present value of 2nd scenario is $30,577.76

For 3rd scenario

= $131,546.81

So, the present value of 3rd scenario is $131,546.81

For 4th scenario

= $74,117.67

So, the present value of 4th scenario is $74,117.67

Therefore we simply applied the above formula

6 hours 48 min

step-by-step explanation:

68÷5=13.6

13.6×30=408min=6 hours 48 min.

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answer: the price of one pound cabbage = $ 0.8

the point (10,8) represents that the cost of 10 pounds cabbage is $ 8

step-by-step explanation:

since, here is a proportional relation between the number of pounds of cabbage (x) and the price in dollars (y).

therefore, we can write,

⇒ y = k x

where k is the constant of proportionality.

now, point (5,4) is in the line.

thus, it will satisfies the above equation of line.

⇒ 4 = 5 k

⇒ k = 0.8

thus, the equation of the line is,

y = 0.8 x

a) for x = 1,

y = 0.8

therefore, the cost of one pound of cabbage is 0.8 dollars.

b) in the below graph (10,8) represents that the cost of 10 pounds of cabbage is 8 dollars.