The formula for finding present value of an ordinary annuity is:
, where P - money to be deposited, i - interest rate, n - number of payments.
So in this case, P = 35000, i = 6 / 100 = 0.06, n = 20.
Now, we have everything needed to determine how much money must be deposited:
So the answer is
$401,447.24.
B. (Not sure)
(5+A)
———
(a-1)
Answer:
1. 18(2+3)
2. Dylan needs 1.375 more liters
Step-by-step explanation:
1. 36 and 54
2x3x3x2 =36
54 = 2x3x3x3
common factor = 3x3x2 or 18.
1. 18(2+3)
2.5-1.125
2.5000
- 1.125
1.375
Hope this helps!
Btw, i answered your question before!