Answer:
$68.52
Step-by-step explanation:
$3.57 Is the tax he pays
It's D 4 3/8 miles
First you have to multiply 2 1/2 for the mile and 1 3/4 for the inches. You will get 4.375.Convert it to fraction which is 35/8 and simplify it to get 4 3/8.
Hope this helps!
0.018 will be 18/1000 = 9/500
Step-by-step explanation:
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Based on the value of the annuity, the amount it earns, and the compounding period, the money paid to Nathan each month will be B. $5,840.62.
<h3>How much will Nathan be paid monthly?</h3>
The amount Nathan will be paid is an annuity because it is constant.
First find the monthly interest and the compounding period in months:
= 4.8/12 months
= 0.4%
Number of compounding periods:
= 20 x 12
= 240 months
The monthly payment is:
Present value of annuity = Annuity x ( 1 - (1 + rate) ^ -number of periods) / rate
900,000 = A x ( 1 - (1 + 0.4%)⁻²⁴⁰) / 0.375%
900,000 = A x 154.0932
A = 900,000 / 154.0932
= $5,840.62.
Find out more on the present value of an annuity at brainly.com/question/25792915.
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