What is the equivalent amount in year ten of an expenditure of $5,000 in year one, $6,000 in year two, and amounts increasing by $1,000 per year through year ten?

The correct answer is the equivalent amount is $139,059.41

Step-by-step explanation:

According to the scenario, the computation of the equivalent amount in year ten is shown below;

= $5,000 × (P/A, 10%,10) + $1,000 × (P/G, 10%,10)

= $5,000 × 6.1466 + $1,000 × 22.8913

= $30,723 + $22,891.30

= $53,614.30

Now the equivalent amount is

= $53,614.30 × (F/P, 10%,10)

= $53,614.30 × 2.5937

= $139,059.41

Hence, the equivalent amount is $139,059.41

2 over 5

step-by-step explanation:

the 2: 3 ratio is the length of the ac segment to the cb segment total length. this implies that the ratio between segment ac length and segment ab length is 2: 5. point c is 2/5 from a to b, so the required fraction is 2/5.

coin flip

non-answer:

choosing

sorry if this isnt what you're looking for i dont really understand the question