Q1: payments of $ 670 are being made at the end of each month for 5 years at an interest of 8% compounded monthly. calculate the present value.

$50,281.04

Step-by-step explanation:

5 years is equivalent to (5 × 12) = 60 months

Now, the first payment $670 is compounded for 60 months at the rate of % monthly interest.

So, it will become .

Similarly the second payment of $670 will become

Therefore, in this way after 60 months i.e. 5 years the total sum will be

=

=

=

= $50,281.04 (Answer)

{Since, the sum of the G.P. series }

8 apples are left.

step-by-step explanation:

10-2=8

10 apples

take 2

now u have 8

we'll this would mean that the dunk tank and the bounce house are the same for 20 hours because the 2 represents that the two activities, and the 20 represents the amount of hours they both are. so with this said, it means that the answer is c. the costs for a dunk tank and bounce house are the same for 20 hours.

c.the costs for a dunk tank and bounce house are the same for 20 hours.

hope this .