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nikdorinn [45]
2 years ago
11

Find the amount of the payment for the sinking fund.

Mathematics
1 answer:
ohaa [14]2 years ago
8 0
:)
The formula of the future value of annuity ordinary and solve for pmt
Pmt=58,000÷(((1+0.06÷2)^(2×2)
−1)÷(0.06÷2))=13,863.57

Hope it helps
You might be interested in
An athlete ran a sprint of 100 ft in 3.1 s. At what speed was the athlete running in miles per hour? Round to the nearest mile p
nordsb [41]

Answer:

22 miles per hour

Step-by-step explanation:

we know that

The speed is the ratio of distance by the time

Let

d -----> distance in feet

t ----> time in seconds

s ----> the speed in ft/sec

s=\frac{d}{t}

we have

d=100\ ft\\t=3.1\ sec

substitute

s=\frac{100}{3.1}

s=32.26\frac{ft}{sec}

Remember that

1\ mi=5,280\ ft

1\ h=3,600\ sec

Convert ft/sec to mi/h

s=32.26\frac{ft}{sec}=32.26\frac{(1/5,280)}{(1/3,600)}=32.26(\frac{3,600}{5,280})=22\ \frac{mi}{h}

7 0
2 years ago
Tyler had $65.40 in his checking account. Then he wrote checks on the account for $20.38, $11.48, and $19.50. What is the balanc
andrew-mc [135]

money going out (20.38+11.48+19.50) =51.36

balance - out = new balance

65.40-51.36 =

14.04

new balance =  14.04

4 0
3 years ago
Lia must work at least 5 hours per week in her family's restaurant for $8 per hour. She also does yard work for $12 per hour. Li
agasfer [191]

Answer:

Step-by-step explanation:

let r= number of hours worked at the restaurant

y=number of work hours in the yard

Maximum number of work per week=r+y ≤ 15

Lia must work at least 5 hours in the restaurant

x ≥ 5

Lia wants to earn at least $120 $8/hr in the restaurant and $12/hr in the yard:

8r + 12y ≥ 120

What is the maximum of hours Lia can work in the restaurant and still make at least 120 hours? 

Assume Lia worked all 15 hours in the restaurant

she would earn $8*15hours = $120.

The maximum number of hours she can work in the restaurant is therefore 15 hours

What is the maximum amount of money Lia can earn in a week? 

Lia has to work a minimum of 5 hours in the restaurant. She earns more from yard work, so she should devote the rest of her available work hours to yard work.

That means that, given her 15 hour work limit, she will maximize her income by working 5 hours in the restaurant and 10 hours in the yard. 

5r+10y

5*8 + 10*12

= 40 + 120

= $160

6 0
2 years ago
How do you write 0.0006363 in scientific notation?
Wewaii [24]

Answer:

Step-by-step explanation:

Proper scientific notation means that there is only 1 number to the left of a decimal and everything else to the right of it. Also, because the number is initially less than 1, the exponent will be a negative one. We have to move the decimal 4 places to the right in order to get the 6 to the left of it, so in correct scientific notation format, we have

6.363*10^{-4

5 0
2 years ago
For this problem what I did was that I multiplied 100 x 34 = 3,400 and subtracted that answer with 5,086. The answer I got was 1
inessss [21]

Answer:

The answer rounded to the nearest whole number is 1729

Step-by-step explanation:

Set it up like this:  Percent in fraction form = x over total

So:  34/100  = x/5086

You then multiply:   34 x 5086 = 172924

Then divided that number by 100:   172924 divided by 100 = 1729.24

Then round the number to the nearest whole number:   1729

Hope this helps good luck!

3 0
2 years ago
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