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)

c

step-by-step explanation:

it would be see because your formula is f(x)=6x, so 6 times 1 is 6 and you go on and the best answer is c.

the answer is su.k.my? ? co.kc