Debt payments of $3,200 each are due at the end of each year for the next 5 years. If money is worth 6% compounded annually, what single payment now will eliminate these debts?

8 apples are left.

step-by-step explanation:

10-2=8

10 apples

take 2

now u have 8

step-by-step explanation:

the original amount doesn't ''re just looking for the time it takes for 1/2 of the substance to we have

(1/2) =)     take the ln   of both sides

ln (1/2)   = )   and we can write

ln(1/2) = ) lne     and lne   = 1     so we have

ln(1/2) = -.1092t     divide both sides by -.1092

t = ln(1/2)/-.1092 = about 6.347 days = about 6.3 days (rounded)

throw the computer

step-by-step explanation: