You’ve won $1 million but aren’t receiving it all today. Rather, you get $100,000 today, then $100,000 every year for the next nine years. Assume that you could invest a lump-sum payment today in an account yielding an interest rate of 3% annually. What’s the total value of the future nine payments today? Round to the nearest dollar.


Select the correct answer.


$778,611

$876,711

$878,611

$1,000,000


What’s the total present value you will be paid?

$778,611
$876,711
$878,611
$1,000,000

Answers

Answer 1

The total present value of the future nine payments today is approximately $876,711. So, correct option is B.

To calculate the total value of the future nine payments today, we need to find the present value of each payment and then sum them up.

Given that the interest rate is 3% annually and each payment is $100,000, we can use the formula for the present value of an ordinary annuity:

PV = P * (1 - (1 + r)⁻ⁿ) / r

where PV is the present value, P is the payment amount, r is the interest rate, and n is the number of periods.

Plugging in the values, we have:

PV = $100,000 * (1 - (1 + 0.03)⁻⁹) / 0.03

Simplifying, we get:

PV ≈ $876,711

Therefore, the total present value of the future nine payments today is approximately $876,711.

As for the total value of the future nine payments, it would still be $1,000,000, but its present value is $876,711.

So, correct option is B.

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Related Questions

which of the followingis multiplicative of -a? (-1/a a 1 1/a)​

Answers

Given:

The given value is [tex]-a[/tex].

To find:

The multiplicative inverse of [tex]-a[/tex].

Solution:

We know that [tex]y[/tex] is the multiplicative interval of [tex]x[/tex] if [tex]xy=1[/tex].

Let [tex]x[/tex] be the multiplicative inverse of the given value [tex]-a[/tex]. Then,

[tex](-a)\times x=1[/tex]

Divide both sides by [tex]-a[/tex].

[tex]x=\dfrac{1}{-a}[/tex]

[tex]x=-\dfrac{1}{a}[/tex]

Therefore, the multiplicative inverse of [tex]-a[/tex] is [tex]-\dfrac{1}{a}[/tex]. Hence the correct option is A.

2. If f(x) = 2x2 – 7x -10, find the following: a) f(x-1) b) x, if f(x) = 5 Please helpppppp


Answers

Answer:

a) f(x-1) = 2x^2-11x-1

b) x = -1.5 or 5

Step-by-step explanation:

a) To get f(x-1)

We proceed to substitute x-1 for x as follows

f(x-1) = 2(x-1)^2 -7(x-1) -10

f(x-1) = 2(x^2 - 2x + 1) -7(x-1)-10

f(x-1) = 2x^2 -4x + 2 -7x + 7-10

f(x-1) = 2x^2-11x-1

b) What we have to do here is substitute 5 for f(x) and solve for x

5 = 2x^2 -7x-10

2x^2 -7x -10-5 = 0

2x^2 - 7x - 15 = 0

2x^2 -10x + 3x -15 = 0

2x(x-5) + 3(x-5) = 0

(2x + 3)(x-5) = 0

2x + 3 = 0 or x -5 = 0

2x = -3 or x = 5

x = -3/2 or x = 5

x = -1.5 or 5

what is 12.5% of 10 kg in grams​

Answers

Answer:

1250 g

Step-by-step explanation:

12.5% of 10 kg

12.5% of 10000 g

.125 of 10000 g

.125 * 10000 g

1250 g

Answer:

1250 grams

Step-by-step explanation:

[tex] \frac{12.5}{100} \times 10kg = x \: grams[/tex]

[tex]1.25kg = 1250 \: grams[/tex]

HELP QUICK PLEASE!

Given: AC BD and AD BC
B
D
What postulate could prove DCA ACDB
O Side-Side-Side
O Side-Angle-Side
Angle-Side-Angle
Angle-Angle-Side

Answers

Answer:

Step-by-step explanation:

Side - side - side. In fact the two triangles have the side CD in common

add 7 with the diffrence of 12 and 9 =​

Answers

Answer:

7+3 = 10

Step-by-step explanation:

if I understand the problem strangeness right, and there is nothing missing in it, then this is the simple answer.

the difference of 12 and 9 is 12-9 = 3.

and then adding this 3 to 7 is 7+3 =10

Answer:

10

Step-by-step explanation:

The difference of 12 and 9 is 3.

Now,

If we add 7 to 3, the answer is 10.

An experiment consists of rolling a six sided die to select a number between between 1 and 6 and drawing a card at random from a set of 10 cards numbered 1,2,3,...10. Which event definition corresponds to exactly one outcome of the experiment?

Answers

Answer:

Man this is confusing

Step-by-step explanation:

help me solve this percentages and prices. (show your work)​

Answers

Answer:

$34.50

$1.01

Step-by-step explanation:

For these two problems, you must find a percent of a number. Since percentages can easily be turned into decimals, this is easy to do. First, turn the percent into a decimal by moving the decimal point two to the left; so, 6.25% becomes 0.0625. Then, multiply this number by the cost, 32.47. Finally add that, 2.02, to the cost to get the final answer, $34.50. For the next question do the same. Turn the percent into a decimal and then multiply that by the cost to get the total tax, $1.01.

f(x) = x2 + 3x + 2 is shifted 2 units left. The result is g(x). What is g(x)?

Answers

Answer:

[tex]g(x) = x^2+7x+12[/tex]

Step-by-step explanation:

If we are given a function f and we want to shift it a units horizontally, the resulting function will be f(x - a), where a positive a is a shift rightwards and a negative a is a shift leftwards.

We have the function:

[tex]f(x)=x^2+3x+2[/tex]

And we want to shift it two units to the left.

Since we want to shift it two units to the left, a = -2. Therefore, our new function, let's call it g, must be f(x - (-2)) or f(x + 2). Substitute:

[tex]g(x) = f(x+2)=(x+2)^2+3(x+2)+2[/tex]

Simplify. Expand:

[tex]g(x) = (x^2+4x+4)+(3x+6)+2[/tex]

Combine like terms. Hence:

[tex]g(x) = x^2+7x+12[/tex]

Someone help me with his math question

Answers

Answer:

42.94

Step-by-step explanation:

add all together then times by 13% and add it to the original sum

Answer: $89.27

Step-by-step explanation:

I added everything together than to find the tax I multiples the total amount by .13 or %13 and once I got that number and I added it to the total cost.

What is the value of x that makes the given equation true?
2(x−8)=x+5x

a x=-4
b x=-16
c x=-2
d x=0

Answers

Answer:

x = -4

Step-by-step explanation:

2(x−8)=x+5x

Distribute

2x - 16 = x+5x

Combine like terms

2x-16 = 6x

Subtract 2x from each side

2x-16 = 6x-2x

-16 = 4x

Divide by 4

-16/4 = 4x/4

-4 =x

[tex]\boxed{\large{\bold{\textbf{\textsf{{\color{blue}{Answer}}}}}}:)}[/tex]

[tex]\sf{2(x-8)=x+5x }[/tex]

[tex]\sf{2x-16=6x }[/tex]

[tex]\sf{2x-6x=16 }[/tex]

[tex]\sf{-4x=16 }[/tex]

[tex]\sf{ x=\dfrac{16}{-4} }[/tex]

[tex]\sf{x=-4 }[/tex]

[tex]\sf{ }[/tex]

What is true about angle ∠APD?

Answers

Answer:

HEY MATE FIRST OF ALL THE QUESTION  IS NOT COMPLETE. TRY MAKING IT MORE CLEAR NEXT TIME !

Step-by-step explanation:

IF THE QUESTION IS THIS IN THE BELOW THEN HERE IS THE ANSWER  .

What is true about angle ∠APD?

It is to angle Angle A P C.

It is to angle Angle C P B.

SOLUTION :

Answer: It is supplementary to angle Angle A P C.

It is vertical to angle Angle C P B.

 I hope this help :)

Help me solve this problem please

Answers

Answer:

A and D

step by step explanation:

Find the sum of the arithmetic sequence: -94, -112, -130,...; S10

A) 1280
B)-1280
C)-130
D) -1750

Answers

Answer:

D) -1750

Step-by-step explanation:

[tex]{ \boxed{ \bf{sum = \frac{n}{2}(2a + (n - 1)d) }}}[/tex]

n is number of terms, n=10.

a is first term, a=-94

d is common diffrerence, d = -112-(-94) = -18

[tex]{ \sf{sum = \frac{10}{2} ( - 188 + (10 - 1) \times - 18)}} \\ { \sf{sum = - 1750}}[/tex]

Daniel paid interest of 1,020 in 5years at12%per annum on a loan. Hw much did he borrow

Answers

I = Prt
I=1020
r=0.12 (12% converted to decimal by dividing by 100)
t=5
1020=P(0.12)(5)
1020=P(0.6)
P=1700

The patio on the landscaping blueprint measures 2 inches wide and 5.5 inches long.If the actual patio is going to have a width of 20 feet, what would its length be?

Answers

Answer:

55 feet

Step-by-step explanation:

simple 5.5 x 10

Answer:

660 inches or 55 feet

Step-by-step explanation:

20 feet * 12 = 240 inches

2/5.5 = 240/×

2x = 240 * 5.5

2x= 1320

x=660 inches

660 inches ÷ 12 = 55 feet

Find the value of x.
A. 70
B. 30
C. 65
D. 40

Answers

Answer:

Option (A)

Step-by-step explanation:

From the figure attached,

By applying triangle sum theorem in ΔBCP,

m∠CBP + m∠CPB + m∠BCP = 180°

15° + 20° + m∠BCP = 180°

m∠BCP = 145°

m∠ACB + m∠BCP = 180° [Linear pair of angles are supplementary]

m∠ACB + 145° = 180°

m∠ACB = 35°

Since, ∠ACB is the inscribed angle and AB is the intercepted arc.

Therefore, m(arc AB) = 2m(∠ACB)

m(arc AB) = 2 × 35°

                 = 70°

Therefore, Option (A) is the correct option.

What is the measure of n

Answers

Answer:

n = [tex]\sqrt{32}[/tex]

Step-by-step explanation:

The 2 right triangles inside the larger right triangle are similar , so corresponding sides are in proportion

[tex]\frac{8}{n}[/tex] = [tex]\frac{n}{4}[/tex] ( cross- multiply )

n² = 32 ( take the square root of both sides )

n = [tex]\sqrt{32}[/tex]

C=-(251x3+281)+3X251-(1-281)

Answers

Answer:

-1

Step-by-step explanation:

=-251x3+281 +251x3-1+281

=-1

What is the value of A when we rewrite (1/8)^x + (1/8)^x-2 as A x (1/8)^x

Answers

Answer:

-63

Step-by-step explanation:

Given the expression:

[tex](1/8)^x + (1/8)^{x-2}[/tex]

Using the law of indices, this can be written as:

[tex](\frac{1}{8})^x-(\frac{1}{8} )^x * (\frac{1}{8})^{-2}\\(\frac{1}{8})^x (1-(\frac{1}{8})^{-2})\\(\frac{1}{8})^x(1-8^2)\\(\frac{1}{8})^x(-63)\\-63(\frac{1}{8})^x\\[/tex]

This shows that the value of A is -63

Answer:

EVERYONE THE ANSWER IS …. 65

Step-by-step explanation:

I did the quiz I hate it :(

please I really need help with this

Answers

Answer:

24

Step-by-step explanation:

(1+25) - (16)(1/8)

26 - 2

24

Cheers

Answer:

24

Step-by-step explanation:

(1+5^2) -16 ( 1/2)^3

PEMDAS

Parentheses first

Exponents in the parentheses

(1+25) -16 ( 1/2)^3

Then add in the parentheses

(26) -16 ( 1/2)^3

Then exponents

(26) -16 ( 1/8)

Then multiply

26 - 2

Then subtract

24

aint the answer for this 10 just let me if im wrong​

Answers

Answer:

Yup

Step-by-step explanation:

write the equation of a circle who’s center is (6,-7) and who’s radius is 4

Answers

Answer:

(x-6) ^2 + (y+7)^2 = 16

Step-by-step explanation:

We know the equation of a circle is given by

(x-h) ^2 + (y-k)^2 = r^2  where ( h,k) is the center and r is the radius

(x-6) ^2 + (y- -7)^2 = 4^2

(x-6) ^2 + (y+7)^2 = 16

Please answer srep by step if can!!​

Answers

Adding mixed number fractions is easy.
For example for the first one 1 1/2 the number 1 in large letter represents 2/2 so 2/2+1/2= 3/2
3/2 is equivalent to 1 1/2 but just with the whole number on the bottom added to the top.
However if 2 or more is the larges number times the number on the bottom by the large number and add it to the number already there.

What is the measure of ABC?

Answers

Answer:

63

Step-by-step explanation:

Hi there!

In order to find the answer to this question we must know about:

The angles of intersecting chords theorem

The theorem states that if two chords intersect the angles formed at the intersection is equal to half the sum of its intercepted arc and it's vertical angle's intercepted arc.

Angle ABC is formed by intersecting chords meaning that the measure of angle ABC is equal to half the sum of its intercepted arc + it's vertical angle's intercepted arc ( angle ABC vertical angle is angle EBD. Angle EBD's intercepting arc is arc ED. )

Angle ABC intercepted arc is AC

Hence Angle ABC = 1/2 ( arc AC + arc ED)

Arc ED = 44 and arc AC = 82

Thus, angle ABC = 1/2(82 + 44)

82 + 44 = 126

126/2=63

Hence Angle ABC = 63

Please help me out with this one!

Answers

Are you sure you need this it’s summer

Answer:

87 in^2

Step-by-step explanation:

24 + 18 + 15 + 30

the 30  is 2(1/2 * 5 * 6)

Which of the following points is not a solution of the inequality y ≥ |x| + 3?
(-3, 6)
(0, 4)
(-3, 0)

Answers

Answer: Choice C

========================================================

Explanation:

If we plug the coordinates of point A into the inequality, then we get

y ≥ |x| + 3

6 ≥ |-3| + 3

6 ≥ 3 + 3

6 ≥ 6

Which is true. Since we're looking for a non-solution, we rule out choice A.

You should find choice B is a similar story to choice A, so we can rule this out as well.

-----------

Choice C is the answer because

y ≥ |x| + 3

0 ≥ |-3| + 3

0 ≥ 3 + 3

0 ≥ 6

which is false.

Check out the graph below and notice how point C is not in the shaded solution region, and it's not on the boundary either. This is a visual way to quickly find the answer.

The boundary line y = |x|+3 is solid because of the "or equal to". We shade above the boundary line due to the greater than sign.

Classify the following triangle. Check all that apply.

Answers

The answers are E & F

See the photo attached to view the classifications of triangles.

Hope this helps! Please make me the brainliest, it’s not necessary but appreciated, I put a lot of effort and research into my answers. Have a good day, stay safe and stay healthy.

Segment addition and midpoints.

Answers

Answer:  17

======================================================

Explanation:

AC = 13 and BC = 8

Those two facts must mean AB = AC-BC = 13 - 8 = 5.

Similarly, CD = BD - BC = 12 - 8 = 4

So,

AD = AB + BC + CD

AD = 5 + 8 + 4

AD = 17

------------

Another way to approach this problem would be to say

AD = AC + BD - BC

AD = 13 + 12 - 8

AD = 17

This works because when we add up AC with BD, we're double counting the portion from B to C. So this is why we subtract off BC to correct for this overcounting so to speak.

Answer:

Segment AD is 17.

Step-by-step explanation:

We know AC is 13, BC is 8, and BD is 12. We need the lengths of AB and CD.

To get AB's length, subtract BC's length from AC's length. We should get 5 for the length of AB (13 - 8 = 5).

To get CD's length, subtract BD's length from BC's length. We should get 4 for the length of CD. (12 - 8 = 4)

Now to add AB, BC, and CD. Add 5, 8, and 4 to get 17. (13 + 4 = 17)

The length of Segment AD is 17.

find the value of x.

Answers

Answer:

x = 116

Step-by-step explanation:

The sum of the angles of a  4 sided polygon is 360

96+x+64+84 = 360

Combine like terms

x+244=360

Subtract 244 from each side

x+244-244=360-244

x = 116

Sum of all angles of a quadrilateral = 360°

So, 96° + 84° + 64° + x° = 360°

=> 244° + x° = 360°

=> x° = 360° - 244°

=> x° = 116°

=> x = 116

1.If a number is chosen at random from the integers 5 to 25 inclusive , find the probability that the number is a multiple of 5 or 3.
2.Good Limes =10
Good Apples = 8
Bad Limes = 6
Bad Apples 6
The information above shows the number of limes and apples of the same size in a bag . If two of the fruits are picked at random , one at a time without replacement .Find the probability that :
I. Both are good limes
II.Both are good fruits
III. One is a good apple and the other a bad lime

Answers

I'll do problem 1 to get you started.

set A = multiples of 3 between 5 and 25 = {6, 9, 12, 15, 18, 21, 24}

there are 7 items in set A, so we can say n(A) = 7

set B = multiples of 5 between 5 and 25 = {5,10,15,20,25}

Here we have n(B) = 5

set C = multiples of 3 and 5, between 5 and 25 = {15}

n(C) = 1 which we can rewrite as n(A and B) = 1.

-----------------------------------------

To summarize so far,

n(A) = 7n(B) = 5n(A and B) = 1

From those three facts, then we can say,

n(A or B) = n(A) + n(B) - n(A and B)

n(A or B) = 7 + 5 - 1

n(A or B) = 11

There are 11 values between 5 and 25 that are multiples of 5, multiples of 3, or both.

Those 11 values are: {5, 6, 9, 10, 12, 15, 18, 20, 21, 24, 25}

This is out of 25-5+1 = 21 values overall which are in the set {5,6,7,...,24,25}

So we have 11 values we want out of 21 overall, which leads to the probability 11/21

Final Answer:   11/21

Answer:

Solution given:

total outcomes between 5 to25 inclusive

n[T]=25-5+1=21

multiple of 5n[5]=5,10,15,20,25=5

multiple of 3n[3]=6,9,12,15,18,21,24=7

now

probability of getting multiple of 5p[5]=5/21

and

probability of getting multiple of 3 p[3]=7/21=1/3

again

the probability that the number is a multiple of 5 or 3 P[5or 3]=p[5]+p[3]=5/21+1/3=4/7

the probability that the number is a multiple of 5 or 3 is 4/7.

2:

.Good Limes n[GL] =10

Good Apples n[GA]= 8

Bad Limes n[BL] = 6

Bad Apples n[BA]= 6

total fruits n[T]=10+8+6+6=30

no of good apple n[G]=10+8=18

no of bad apple n[B]=6+6=12

again

I. Both are good limes

=[tex]\frac{n[GL]}{n[T]}×\frac{n[GL]-1}{n[T]-1}[/tex]

=10/30*9/29=3/29

II.Both are good fruits

=[tex]\frac{n[BL]}{n[T]}×\frac{n[BL]-1}{n[T]-1}[/tex]

=6/30*5/29=1/29

III. One is a good apple and the other a bad lime

=n[G]/n[T] *n[B]/(n[T]-1)

=18/30*12/29=36/145

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Translate the following phrase into an algebraic expression. use the variable n to represent the number. 4 less than triple a number Cundo ha sentidonostalgia usted oalguien cercano austed? Find an equation in slope-intercept form of the line that has slope 7 and passes through point A(8,-4)a.) y = 52x + 7b.) y = 7x + 52c.) y = -7x - 52d.) y = -7x + 52 Decide whether the graphs of the two equations are parallel. y=3x+8 and y/3-3=x Beasley, Inc., reports the following amounts in its December 31, 2021, income statement. Sales revenue $ 310,000 Income tax expense $ 39,000 Interest expense 12,000 Cost of goods sold 125,000 Salaries expense 36,000 Advertising expense 23,000 Utilities expense 42,000 Prepare a multiple-step income statement. write a letter to editor about garbage management in your locality? discuss the issue of social justice related to food consumption in developed and developing country x^3 -2mx^2 +16 (x+2)PLS ANSWER FASTI WILL MARK YOU THE BRANLIEST Determine the value of X. Please explain the answer complete the following sentences:Yo ______ una rica ensalada (com)(juego)A el le ________ mucho el tenis (gusta)(Pica)Ayudenme u: c im ca quy lut l What can descriptive details help a reader understand? Check all that apply.what something looks likewhat something smells likehow something soundshow a word is spelledwhat something feels like Portillo's Fast Food restaurants are changing their hot dog vendor. The company has realized that in order to stay competitive, its hot dogs need to be made larger and shorter so that they can fit in a new smaller-sized hot dog bun. Consequently, Portillo's is looking for a vendor that can provide a product according to its new specifications at a price that is less than what it was paying in the past. At what stage in the business buying process is Portillo's a bag contains 10 playing cards . 7 of which are Black and 3 Red . Two cards are drawn one after the other from the bag without replacement. A. Find the probability that a Red and a Black cards were drawn. How would you display a set of data graphically? Draw a wave that has a wavelength of 3 cm and an amplitude of 1 cm. Label the wavelength, the amplitude, the rest position, and the crest and trough of your wave. What is the x-coordinate of the point of intersection for the two lines below?-6 + 8y = -67x -10y = 9 Answer choices 1.) -62.) -33.) 34.) 7 Read the excerpt from Sir Gawain and the Green Knight. Yet Arthur would not eat until they were all served. He seemed full of the joy of youth, almost a boy. He was happy with his life; he cared little For lying in bed or sitting still for a long time, His young blood so stirred him and his wild brain. And there was a custom, besides, that he meant to keep, That he had assumed in his noble way: he would not eat On such a holiday until he had been told A tale all new of some wonderful event . . . Which textual evidence best supports the conclusion that Arthur respects tradition With officers in night, he would march to the canteen like a guardsman. (Annotate) A newsletter publisher believes that over 47% of their readers own a Rolls Royce. For marketing purposes, a potential advertiser wants to confirm this claim. After performing a test at the 0.02 level of significance, the advertiser failed to reject the null hypothesis. What is the conclusion regarding the publisher's claim?