You are in talks to settle a potential lawsuit. the defendant has offered to make annual payments of $18,000, $26,500, $46,000, and $69,000 to you each year over the next four years, respectively. all payments will be made at the end of the year. if the appropriate interest rate is 4.3 percent, what is the value of the settlement offer today? $159,500.00 $149,982.85 $146,505.72 $124,858.40 $140,465.70

PV = 140,465.70$

Step-by-step explanation:

Since the values will be paid in the future then we need to find the Present Value of each of the amounts factoring in a interest rate of 4.3%

Given

1) Amount = 18,000$ : Period(t) = 1 year

2) Amount = 26,500$ : Period(t) = 2 years

3) Amount = 46,000$ : Period(t) = 3 years

2) Amount = 69,000$ : Period(t) = 4 years

The Present Value formula is as follow

Solving for each of the payments.

Now the total Present Value is calculated by adding all the above answers

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step-by-step explanation:

use that smart brain

mr. flanders’ class sold 47 doughnuts and   mr. rodriquez’s class sold 38 cartons of milk

step-by-step explanation:

let x be the number of doughnuts sold by mr. flanders’ class and y be the number of cartons sold by mr. rodriquez’s class.

1. together, the classes sold 85 items, then

x+y=85.

2. both classes earn earned $104.49 for their school. if doughnuts were sold for $1.35 each, then x doughnuts costed $1.35x. if cartons of milk were sold for $1.08 each, then y cartons costed $1.08y. hence,

1.35x+1.08y=104.49.

3. solve the system of two equations: