Siobhan will receive a 5,000 lump-sum bonus from work in five years if she earns 5% interest compounded quarterly what’s the present value of the bonus

The present value of the bonus is $3900.

Step-by-step explanation:

Let $P is the present value of the bonus.

So, this $P amount of bonus grows for 5 years at an interest rate of 5% compounded quarterly to become $5000 lump-sum.

Then the quarterly interest is .

So, from the formula of compound interest we can write the equation  

⇒ 5000 = P(1.282)

⇒ P = $3900

Therefore, the present value of the bonus is $3900. (Answer)

location: point 0

step-by-step explanation:

well, -8 to 10 on a number line is 18 spaces.

1/9 of 18 is 2.

so, 4/9 of 18 must be 8.

8 spaces from -8 (a) is 0.

so, 4/9 of the way from -8 to 10 is 0!