All applicants for admission to graduate study in business are given a standardized test. Scores are normally distributed with a mean of 460 and standard deviation of 80. What fraction of applicants would you expect to have scores of 600 or above

Answers

Answer 1

Answer:

The probability that applicants would you expect to have scores of 600 or above = 0.0401 or 4%

Step-by-step explanation:

Explanation:-

Let "x" Scores are normally distributed

Given  mean of the Population = 460

standard deviation of the population = 80

Let X = 600

[tex]Z = \frac{x -mean}{S.D} = \frac{600-460}{80} =1.75[/tex]

The probability that applicants would you expect to have scores of 600 or above

P( X≥600) = P( Z≥ 1.75)

                = 1- P( Z≤1.75)

               = 1- ( 0.5 + A(1.75)

              =  1- 0.5 - A(1.75)

              = 0.5 - 0.4599 (from Normal table)

              = 0.0401

The probability that applicants would you expect to have scores of 600 or above = 0.0401 or 4%

                         


Related Questions

There are 5 gallons of distilled water in science supplies. If 8 students each use an equal amount of distilled water and there is 1 gallon left in supplies, how much will each student get?

Answers

Answer:

0.5 gallon

Step-by-step explanation:

let x refer to students

5 = 8x + 1

8x = 4

x= 0.5 gallon

You are standing 5 miles away from the peak. You look up at a 47-degree angle to the peak. How tall is the mountain? Hint: 5280 feet = 1 mile. Round your answer to the nearest foot.

Answers

Answer:

19272 feet

Step-by-step explanation:

We are given that the distance between the person and peak is 5 miles.

and angle is [tex]47^\circ[/tex] when we look up at the mountain peak.

The given situation is best represented as a right angled triangle as shown in the attached figure.

[tex]\triangle[/tex]IKJ where [tex]\angle K = 90^\circ[/tex]

IK is the mountain.

J is the point where we are standing.

Distance JI = 5 miles

[tex]\angle J = 47^\circ[/tex]

To find: Distance IK = ?

We can use trigonometric identities to find IK.

[tex]sin\theta = \dfrac{Perpendicular}{Hypotenuse}[/tex]

[tex]sinJ = \dfrac{IK}{JI}\\\Rightarrow sin47 = \dfrac{IK}{5}\\\Rightarrow IK = sin47^\circ \times 5\\\Rightarrow IK = 0.73 \times 5\\\Rightarrow IK = 3.65\ miles \\\Rightarrow IK = 3.65 \times 5280\ ft\\\Rightarrow IK = 19272\ ft[/tex]

Hence, height of mountain = 19272 ft

To the nearest tenth, which is the perimeter of ABC. Geometry

Answers

Answer:

23.6

Step-by-step explanation:

Finding AC:

Cos 61 = [tex]\frac{adjacent}{hypotenuse}[/tex]

0.48 × 10 = Adjacent

AC = 4.8

Now, CB:

Cos 29 = [tex]\frac{adjacent}{hypotenuse}[/tex]

0.87 × 10 = CB

CB = 8.8

The perimeter:

=> 10+4.8+8.8

=> 23.6

Answer:

23.6

Step-by-step explanation:

All math teachers are smart. Ms. Smith is your math teacher, so she is smart. What type of reasoning is this? inductive or deductive

Answers

Answer:

I believe it is Inductive Reasoning.

Step-by-step explanation:

Inductive Reasoning is a type of logical thinking that involves forming generalizations based on specific incidents you've experienced, observations you've made, or facts you know to be true or false.

Deductive Reasoning is a basic form of valid reasoning.

Rearrange the following steps in the correct order to locate the last occurrence of the smallest element in a finite list of integers, where the integers in the list are not necessarily distinct.

a. return location
b. min ≔a1 and location ≔1
c. min ≔ai and location≔i
d. procedure last smallest(a1,a2,...,an: integers)
e. If min >= ai then

Answers

Answer:

The rearranged steps is as follows:

d. procedure last smallest(a1,a2,...,an: integers)

b. min ≔a1 and location ≔1

e. If min >= ai then

c. min ≔ai and location≔i

a. return location

Step-by-step explanation:

The proper steps to perform the task in the question above is dbeca

Here, the procedure (or function) was defined along with necessary parameters

d. procedure last smallest(a1,a2,...,an: integers)

The smallest number is initialized to the first number on the list and its location is initialized to 1

b. min ≔a1 and location ≔1

The next line is an if conditional statement that checks if the current smallest number is greater than a particular number

e. If min >= ai then

If the above condition is true, the smallest value is assigned to variable min; it's location is also assigned to variable location

c. min ≔ai and location≔i

The last step returns the location of the smallest number

a. return location

this is a grade 4 maths question. i need help with doing a model from this question as well. thank you! —————————————————- a rope was cut into 2 pieces. The first piece was twice the length of the second piece. If the first piece was 5m 50cm long what was the length of the rope before it was cut

Answers

Answer:825cm

Step-by-step explanation:550cm/2=275cm

275*3=825cm

The population of a community is known to increase at a rate proportional to the number of people present at time t. If an initial population P0 has doubled in 3 years, how long will it take to triple

Answers

It will take 7.925 years for the population to triple.

For the steps:

the figure below shows a parallelogram ABCD. Side AB is parallel to side DC and side AD is parallel to side BC​

A student wrote the following sentences to prove that the two pairs of parallel opposite sides of parallelogram ABCD are congruent:

For triangles ABD and CBD, alternate interior angles ABD and CBD are congruent because AB and DC are parallel lines. Alternate interior angles ADB and CBD are congruent because AD and BC are parallel lines. DB is congruent to DB by ______. The triangles ABD and CDB are congruent by ASA postulate. As corresponding parts of congruent triangles are congruent, AB is congruent to DC and AD is congruent to BC by CPCTC.

Which phrase best completes the student's proof?

a. associative property
b. reflexive property
c. substation property
d. transitive property

Answers

Answer:  b) reflexive property

Step-by-step explanation:

When you are stating that a line is congruent to itself, you are using the Reflexive Property.

a) Associative Property: a + (b + c) = (a + b) + c

b) Reflexive Property: AB = AB

c) Substation Property: not a real property - does not exist

d) Transitive Property: If a = b and b = c, then a = c

Evaluate the expression for x=8. y=-0.1. and Z=4.6.
XZ-Y
XZ-Y​

Answers

Answer:

36.9

Step-by-step explanation:

write down the expression:

x*z-y

lets plug in the variables to evaluate the expression:

8*4.6-(-0.1)

36.8+0.1

36.9

Answer:

36.9

Given,

X=8

y=-0.1

z=4.6

Now,

[tex]xz - y \\ = 8 \times 4.6 - ( - 0.1) \\ = 36.8 - ( - 0.1) \\ = 36.8 + 0.1 \\ = 36.9[/tex]

hope this helps..

Good luck on your assignment..

A roller coaster car is going over the top of a 13-mm-radius circular rise. At the top of the hill, the passengers "feel light," with an apparent weight only 50 %% of their true weight. How fast is the coaster moving?

Answers

Answer:

0.253 m/s

Step-by-step explanation:

radius r of the circular rise = 13 mm = 0.013 m

apparent weight loss = 50%

acceleration of the new weight = 0.5 x 9.81 = 4.905 m/s^2

centripetal acceleration = 9.81 -  4.905 =  4.905 m/s^2

centripetal acceleration = [tex]\frac{v^{2} }{r}[/tex]

where v is the acceleration at the rise and r is the radius of the rise

centripetal force = [tex]\frac{v^{2} }{r}[/tex]  = [tex]\frac{v^{2} }{0.013}[/tex]

4.905 = [tex]\frac{v^{2} }{0.013}[/tex]

[tex]v^{2}[/tex] = 0.063765

v = [tex]\sqrt{0.063765}[/tex] = 0.253 m/s

All the angles in the diagram are measured to the nearest degree. Work out the upper bound and lower bound of angle x 59 degree 108 degree 81 degree X degree ??????

Answers

Answer: lower bound, x = 110.5°

              upper bound, x = 113.5°

Step-by-step explanation:

There is no diagram but I am going to assume it is a quadrilateral since it has 4 angles. The sum of the angles of a quadrilateral is 360°.

           Upper       Lower

59°       58.5° ≤ a < 59.5

108°    107.5° ≤ b < 108.5°

81°       80.5° ≤ c < 81.5°  

Total:  246.6° ≤ x < 249.5°

Subtract the lower and upper bound totals from 360° :

                  360.0           360.0          

              -  246.5       - 249.5

x =              1 1 3.5           1 1 0.5

                      ↓                  ↓

                  upper            lower

                 bound            bound

Brainliest to whoever gets this correct Which of the following is equal to the rational expression when x ≠ -3? x^2-9/x+3

Answers

Answer:

  see below

Step-by-step explanation:

We presume you want to simplify ...

  [tex]\dfrac{x^2-9}{x+3}=\dfrac{(x-3)(x+3)}{x+3}=\boxed{x-3}[/tex]

__

The numerator is the difference of squares, so is factored accordingly. One of those factors cancels the denominator.

Brand name producers of aspirin claim that one advantage of their aspirin over generic aspirin is that brand name aspirin is much more consistent in the amount of active ingredient used. This in turn means that users can expect the same results each time they use the brand name aspirin, while the effects of the generic aspirin can be a lot more variable. A random sample of 200 brand name aspirin tablets had a mean and standard deviation of active ingredient of 325.01 and 10.12 mg. A second independent sample of 180 generic aspirin tablets was measured for the amount of active ingredient, and the mean standard deviation were 323.47 and 11.43 mg. Given that the amount of active ingredient is normally distributed for both the brand name and the generic aspirin, do these data support the brand name producers claim? Let alpha = 0.025.

Answers

Answer:

Step-by-step explanation:

The claim here is that the brand name aspirin is more consistent in the amount of active ingredient used than the generic aspirin.

This is a test of 2 independent groups. The population standard deviations are not known. Let μ1 be the mean amount of active ingredients in brand name aspirin and μ2 be the mean amount of active ingredients in generic name aspirin

The random variable is μ1 - μ2 = difference in the mean amount of active ingredients between the brand name and generic aspirin

We would set up the hypothesis.

The null hypothesis is

H0 : μ1 ≥ μ2 H0 : μ1 - μ2 ≥ 0

The alternative hypothesis is

H1 : μ1 < μ2 H1 : μ1 - μ2 < 0

This is a left tailed test

Since sample standard deviation is known, we would determine the test statistic by using the t test. The formula is

(x1 - x2)/√(s1²/n1 + s2²/n2)

From the information given,

x1 = 325.01

x2 = 323.47

s1 = 10.12

s2 = 11.43

n1 = 200

n2 = 180

t = (325.01 - 323.47)/√(10.12²/200 + 11.43²/180)

t = 1.24

1.237877

The formula for determining the degree of freedom is

df = [s1²/n1 + s2²/n2]²/(1/n1 - 1)(s1²/n1)² + (1/n2 - 1)(s2²/n2)²

df = [10.12²/200 + 11.43²/180]²/[(1/200 - 1)(10.12²/200)² + (1/180 - 1)(11.43²/180)²] = 1.53233946713/0.00537245359

df = 285

We would determine the probability value from the t test calculator. It becomes

p value = 0.108

Since alpha, 0.025 < than the p value, 0.108, then we would fail to reject the null hypothesis. Therefore, at 2.5% level of significance, these data support the brand name producers claim

by what rational number should we divide 22/7 so as to get the number -11/13?​

Answers

Answer:

7/54

Step-by-step explanation:

let thenumber be x

then 22/7 /x = -11/27  

= 22x/7 = -11/27

= x = -11*7/27*22 = 7/54

Hope it helps!!

What is the product of the expressions? Assume y does not equal 0.

Answers

Answer:

The correct answer would be option 4

12x+20

 5y3

Hope that helps.Thank you!!!

the graph of y=-4x7 is:

Answers

Answer:

(0,7)

Step-by-step explanation:

28

Step-by-step explanation:

A File that is 242 megabytes is being downloaded.If the download is 12.9%complete,how many megabytes have been downloaded?Round your answer to the nearest tenth.

Answers

Answer:31

Step-by-step explanation: Since you are trying to find a percentage of a number all you have to do is multiply 242 by 12.9% and because you have to round to the nearest tenth it will be 31

Which foundation drawing matches this orthographic drawing ?

Answers

The correct answer is A

Explanation:

An orthographic drawing shows a three-dimensional figure from different perspectives or sides. Indeed, the orthographic drawing in the question shows how the object looks if you see this the front, side, and top of this. This implies the foundation drawing needs to match the figures of the orthographic drawing.

According to this, the correct figure is A because this is the only one that has a rectangle shape, and due to this, if you look at this from any different sides you will always see a rectangle. For example, the top view shows a rectangle of approximately 2x3 squares, and this view only fits with option A because B and C are not complete rectangles and therefore their top view is not a rectangle.

The commute time for people in a city has an exponential distribution with an average of 0.66 hours. What is the probability that a randomly selected person in this city will have a commute time between 0.55 and 1.1 hours? Answer: (round to 3 decimal places)

Answers

Answer:

[tex] P(0.55 <X<1.1)= F(1.1) -F(0.55) [/tex]

And replacing we got:

[tex] P(0.55 <X<1.1)= (1-e^{-\frac{1}{0.66} *1.1}) -(1-e^{-\frac{1}{0.66} *0.55})[/tex]

[tex] P(0.55 <X<1.1)=e^{-\frac{1}{0.66} *0.55}- e^{-\frac{1}{0.66} *1.1}=0.2457[/tex]

And rounded the answer would be 0.246

Step-by-step explanation:

For this case we can define the random variable X as "The commute time for people in a city" and for this case the distribution of X is given by:

[tex] X \sim exp (\lambda = \frac{1}{0.66}= 1.515)[/tex]

And for this case we want to find the following probability:

[tex] P(0.55 <X<1.1)[/tex]

And we can use the cumulative distribution function given by:

[tex] F(x) =1- e^{-\lambda x}[/tex]

And using this formula we got:

[tex] P(0.55 <X<1.1)= F(1.1) -F(0.55) [/tex]

And replacing we got:

[tex] P(0.55 <X<1.1)= (1-e^{-\frac{1}{0.66} *1.1}) -(1-e^{-\frac{1}{0.66} *0.55})[/tex]

[tex] P(0.55 <X<1.1)=e^{-\frac{1}{0.66} *0.55}- e^{-\frac{1}{0.66} *1.1}=0.2457[/tex]

And rounded the answer would be 0.246

A piece of wire of length 7070 is​ cut, and the resulting two pieces are formed to make a circle and a square. Where should the wire be cut to​ (a) minimize and​ (b) maximize the combined area of the circle and the​ square?

Answers

Answer:

a.x=39.2

b.Use whole  wire as a circle

Step-by-step explanation:

We are given that

Length of piece of wire=70  units

Let length of wire used to make a square =x units

Length of wire used in circle=70- x

Side of square=[tex]\frac{perimeter\;of\;square}{4}=\frac{x}{4}[/tex]

Circumference of circle=[tex]2\pi r[/tex]

[tex]70-x=2\pi r[/tex]

[tex]r=\frac{70-x}{2\pi}[/tex]

Combined area of circle and square,A=[tex](\frac{x}{4})^2+\pi(\frac{70-x}{2\pi})^2[/tex]

Using the formula

Area of circle=[tex]\pi r^2[/tex]

Area of square=[tex](side)^2[/tex]

a.[tex]A=\frac{x^2}{16}+\frac{4900+x^2-140x}{4\pi}[/tex]

Differentiate w.r.t x

[tex]\frac{dA}{dx}=\frac{x}{8}+\frac{2x-140}{4\pi}[/tex]

[tex]\frac{dA}{dx}=0[/tex]

[tex]\frac{x}{8}+\frac{2x-140}{4\pi}=0[/tex]

[tex]\frac{\pi x+4x-280}{4\pi}=0[/tex]

[tex]\pi x+4x-280=0[/tex]

[tex]x(\pi+4)=280[/tex]

[tex]x=\frac{280}{\pi+4}[/tex]

x=39.2

Again differentiate w.r.t x

[tex]\frac{d^2A}{dx^2}=\frac{1}{8}+\frac{1}{2\pi}[/tex]>0

Hence, the combined area of circle and the square is minimum at x=39.2

b.When the wire is not cut and whole wire used  as a circle . Then, combined area is maximum.


Based on the following construction which statement below
must NOT be true?

Answers

Answer:

B. AC = 2AB

hope it helps!

Step-by-step explanation:

AC is half of AB

so if the statement says AC is 2AB it suggests that AC is greater than AB

this is definitely false..

Find the value of x and the value of y.
A r= 15, y = 10/3
B. r=20, p=10/3
C. x=20/3, y = 513
D. r=15, y =53

Answers

Answer:

Step by step solution:

please help and please show your work

Answers

Answer:

The volume of all 9 spheres is 301.6 [tex]in^3[/tex]

Step-by-step explanation:

Notice that three of the identical spheres fit perfectly along the 12 in side box, therefore we know that the diameter of each is 12 in/3 = 4 in.

Then the radius of each sphere must be 2 inches (half of the diameter). Now that we know the radius of each sphere, we use the formula for the volume of a sphere to find it:

[tex]V=\frac{4}{3} \pi R^3\\V=\frac{4}{3} \pi (2\,in)^3\\V=\frac{4}{3} \pi\, 8\,\,in^3\\V=\frac{32}{3} \pi\,\,in^3[/tex]

Now, the total volume of all nine spheres is the product of 9 times the volume we just found:

[tex]V_{all \,9}=9\,*\frac{32}{3} \pi\,\,in^3\\V_{all \,9}=96 \pi\,\,in^3\\V_{all \,9}\approx \,301.6\,\,in^3[/tex]

The value of tangent x is given. Find sine x and cos x if x lies in the specified interval.
tan x = 21​, x is an element of [0, pi / 2]

Answers

Answer:

sin x = 0.998

cosx = 0.046

Step-by-step explanation:

Given that:

tan x = 21

where interval of x is [tex][0,\dfrac{\pi}{2}][/tex].

We know that the trigonometric identity for tan x is:

[tex]tan\theta = \dfrac{Perpendicular}{Base}[/tex]

Comparing with:

[tex]tan x = \dfrac{21}{1}[/tex]

Perpendicular = 21 units

Base = 1 unit

As per pythagorean theorem:

[tex]\text{Hypotenuse}^{2} = \text{Base}^{2} + \text{Perpendicular}^{2}\\[/tex]

[tex]\Rightarrow \text{Hypotenuse}^2 = 21^2 +1^2\\\Rightarrow \text{Hypotenuse} = \sqrt{442} = 21.023\ units[/tex]

interval of x is [tex][0,\dfrac{\pi}{2}][/tex] so values of sinx and cosx will be positive because it is first quadrant where values of sine and cosine are positive.

We know that

[tex]sin\theta = \dfrac{Perpendicular}{Hypotenuse}\\cos\theta = \dfrac{Base}{Hypotenuse}[/tex]

So, sine x :

[tex]\Rightarrow sinx =\dfrac{21}{21.023}\\\Rightarrow sinx = 0.998[/tex]

Similarly, value of cos x :

[tex]\Rightarrow cosx =\dfrac{1}{21.023}\\\Rightarrow cosx = 0.046[/tex]

Someone help me please?

Answers

[tex]32500[/tex]

[tex]0.00604[/tex]

[tex]2.4 \times 10^6[/tex]

[tex]1.47 \times 10^{-3}[/tex]

Answer:

A) 32500

B) 0.00604

C) [tex]2.4 * 10^6[/tex]

D) [tex]1.47 * 10^{-3}[/tex]

how many nickels equal $18.45? (show your work)

Answers

Answer:

369

Step-by-step explanation:

One nickel = 0.05

0.05x=18.45

x=369

Any help would be great

Answers

Answer:

V = 137.2

Step-by-step explanation:

We are given the volume equation. Simply plug in your r into the equation and calculate and you should get 137.189 as your answer.

What is the area of a shape with points a 5 -8 b 11, -8 c 11,0 d 6,-3 e 4,-3

Answers

Answer:

Area of the given figure is 51.5 square units.

Step-by-step explanation:

Area of rectangle OCBH = Length × width

                                         = 11 × 8

                                         = 88 square units

Area of trapezoid OGEF = [tex]\frac{1}{2}(b_1+b_2)\times h[/tex]

                                         = [tex]\frac{1}{2}(\text{GE+OF)}\times (\text{OG})[/tex]

                                         = [tex]\frac{1}{2}(3+6)\times 4[/tex]

                                         = 18 units²

Area of trapezoid GCDE = [tex]\frac{1}{2}(\text{GC+DE)}\times (\text{GE})[/tex]

                                         = [tex]\frac{1}{2}(7+2)\times 3[/tex]

                                         = 13.5 units²

Area of triangle AFH = [tex]\frac{1}{2}(\text{Base})\times (\text{Height})[/tex]

                                  = [tex]\frac{1}{2}(5)(2)[/tex]

                                  = 5 units²

Area of polygon ABCDEF = Area of rectangle CBHO - (Area of trapezoid OGEF + Area of trapezoid GCDE + Area of triangle AFH)

                                           = 88 - (18 + 13.5 + 5)

                                           = 88 - 36.5

                                           = 51.5 units²

Therefore, area of the given polygon is 51.5 units²

Which fraction is equivalent to 2/-6? -2/6 2/6 -2/-6 6/2

Answers

Answer: -2/6 and -2/-6

Explanation: it doesn’t matter how many or where the negative signs are written on the fraction, it’s still negative.

In a packet of stickers there are small stars, big stars, small rockets, and big rockets. Kevin is going to choose one of these stickers from the packet at random to put on his artwork. What is the probability that the sticker Kevin chooses is big or is a rocket

Answers

Answer:

3/4 or 0.75

Step-by-step explanation:

You have four options available

Lets say P(A) is pick a rocket

P(A) = 2/4 because there are two rockets in the four choices

simplify it to 1/2

P(B) pick a big = 2/4 because there are two bigs and two smalls.

simplify it to 1/2

P(A ∩ B) = Pick a big rocket = 1/4

P(AUB) = P(A)+P(B)- P(A ∩ B)

P(AUB) = 1/2+1/2- 1/4 = 3/4 or 0.75

Other Questions
The Venn diagram below is used for showing odd numbers and prime numbers.Place the numbers 1, 2, 3, 4 and 5 in the Venn diagram. A wedding ring costs 13000. Work out the price after a 11% price increase. Over the course of 14 years, Peter Dementas helped Jack Tallas with numerous personal and business chores. Two months before his death, Tallas dictated a memorandum to Dementas, in Greek, stating:______. Your in a airplane, it suddenly crashes. Everyone dies but some people. Where would you bury the survivors? You bury them in any states, landmarks, or next to the plane! First person who answers this gets the 25 points! Good luck! Which is a memory strategyA: Memorize every factB: Study alone to avoid distractionsC: let information sink in by studying just before tests D: Review information shortly after youve learned it What is the simplified form of the given expression?(4.2 x 103)(2.6 x 104)A. 1.092 x 106OB.B. 1.092 x 107C.1.092 x 108D. 1.092 x 1012 Not p has a truth value of 1 minus p. P logical and q has a truth value equal to the minimum of p and q. P logical or q has a truth value equal to the maximum of p and q. P right arrow q has a truth value equal to the min of 1 and 1 minus p plus q. P left right arrow q has a truth value equal to 1 minus StartAbsoluteValue p minus q EndAbsoluteValue. Suppose the statement "p: The sun is shining" has a truth value of 0.57 and the statement "q: Mary is getting a tan" has a truth value of 0.08. Find the truth value of Which verb form follows enjoy?A. The infiniteveB. The gerundC. The gerund and the infinitive What Latin word related to clouds means rain I need to draw a poster on Genetics but I'm not exactly good at art. It needs a bit of information as well as at least one drawing. It doesn't have to be great just acceptable. Help would be greatly appreciated . I have already completed the other two posters just need one more. Think of the last novel you read. Write down the title and if it was a horror, mystery, sciencefiction, or other type of book. How did you know what type of book it was? Whatabout the plot, characters, theme, or setting told you that? what age you must be registered with armed forces Which statement describes the location of an earthquakes epicenter? (1cos^2 x )(1+tan^2 x) helpp i cant understand this question What is the distance between the following points? In one city, customers must pay 6% on all items purchased. The video game controllers cost $18.50 each. If a customer purchases 2 controllers, how much tax will she pay? A. $1.11 B. $2.22 C. $19.61 D. $39.22 Which of the following lengths can not be the lengths of the sides of a triangle? A.) 4,6,9 B.) 3,4,2 C.) 2,2,3 D.) 1,1,2 Why was the battle of Berlin important?Please help!! You Just won a prize that will pay you $800 today and $500 a year for the next three years. Which is the correct formula for computing the present value as of today at 6 percent? PV = $500/1.06 + $500/1.062+ $500/1.063 PV = $800 PV $800/1.06$500/1.06+$500/1.06 $500/1.06 PV =$800+ $500/1.06 $500/1.06+ $500/1.061 PV = $800(1.06)+ $500 +$500/1.06 $500/1.06