Income suppose income from an endowment is generated at the annual rate of $42,000 per year. find the capital value of this endowment at an interest rate of 7.5% compounded continuously.

Capital value after 1 year will be equal to $45150

Step-by-step explanation:

We have given principal amount P = $42000

Rate of interest r = 7.5 %

Time t = 1 year

Capital value is given by

So

So capital value after 1 year will be equal to $45150

answer: the answer is one of

step-by-step explanation:   we are given to write a proper fraction where the whole is divided into an even number of equal parts less than ten, and an odd number of those parts exist.

an even number less than 10 may be one of 2, 4, 6 or 8. so, the whole may be one of these four evens.

now, an odd number of these parts must exist, so the numerator must be an odd number, one of 1, 3, 5 or 7. it cannot be 9 because then the fraction will become improper.

thus, our fraction may be one of the following