Answer:
$501,049.37
Step-by-step explanation:
For computing the amount after 22 years we need to applied the future value which is shown in the attachment below:
Given that
PMT = $9,000
NPER = 22 years
Annual rate = 0.078
Quarterly= 0.078 ÷ 4 = 0.0195
Effective annual rate = (1.0195^4) - 1 = 0.0803113041
Now applied the formula which is given below
= -FV(RATE;NPER;PMT;PV)
After applying the above formula, the future value is $501,049.37
9514 1404 393
Answer:
A. $0.85
Step-by-step explanation:
Each time m increases by 1, the cost goes up by $0.85.
The cost per mile is $0.85.
Answer:
6 donuts
Step-by-step explanation:
first divide the cost of the donuts by the amount of donuts per box
6 donuts:
2.10 ÷ 6 = .35 per donut
12 donuts
5.40 ÷ 12 = .45 per donut
18 donuts
7.20 ÷ 18 = .40 per donut
24 donuts
12 ÷ 24 = .50 per donut