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)

step-by-step explanation:

step-by-step explanation:

always plug in x. in this case, x equals 4.

i'm going to first solve 4(2+3x)

1) 4(2+3(4)) use pemdas to solve.

i'm going to multiply whats in the parenthesis first, so 3 times 4=12.

2)4 (2+12) i'm then going to multiply 4 by both numbers in the parenthesis (because multiplying comes before adding)

4 times 2= 8.   4 times 12= 48

4) (8+48)= 56 (answer)

i'm then going to solve 8+12x and plug in 4 for x.

1) 8 +12(4)

multiplying comes before adding, so i'm gonna multiply 12 and 4.

12 times 4= 48.

2) 8+48=56

both equal the same!