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GrogVix [38]
3 years ago
8

A company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. The present value of an annuity fa

ctor for 6 years at 7% is 4.7665. The present value of a single sum factor for 6 years at 7% is 0.6663. The annual annuity payments equal:
Mathematics
1 answer:
cluponka [151]3 years ago
5 0
The present value (PV) of an annuity of P equal periodic payments for n years at r% is given by:


where  is the present value of an annuity factor for n years at r%.
Given that a company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest and that the present value of an annuity factor for 6 years at 7% is 4.7665.
Then..


Therefore, the annual annuity payments equals $8,391.90
 
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Distance to travel = 20 m.
Let us determine the time, t, that each participant took to complete 20 m.

Barbara:
Average speed = (3 m)/(2 s) = 1.5 m/s
t = 20/1.5 = 13.3 s

Mark:
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Carlos:
y = x + 1
where
y = 20 m
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Therefore
t =x = y - 1 = 20 - 1 = 19 s

Summary:
Barbara:  13.3 s
Mark:       5 s
Carlos:     19 s

Answer:
The winner is Mark
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3 years ago
Mac and his brother Ted collect coins. Mac's collection contains 8 more than twice as many as Ted's. If the total number of coin
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The third option makes the most sense because 2 times what ted would be 2x plus 8 more. 2x+8
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2 years ago
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A set of cards contains the numbers 1 through 20. Mathieu chooses a card at random, records the number of the card, and then ret
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Answer:

20

Step-by-step explanation:

6 0
2 years ago
Given data set:
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Answer:

see below

Step-by-step explanation:

6, 2, 7, 12, 6, 1, 7, 1, 9, 7, 8

First put the numbers in order from smallest to largest

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The median is the middle

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6 0
3 years ago
To make a specific orange color, a painter uses 14 of a can of red paint and 12 of a can of yellow paint. Fill in each statement
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Answer:  For every 1 can of red paint, the number of yellow paints used by the painter is \frac{6}{7} and

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Step-by-step explanation:

Since we have given that

Number of cans of red paint = 14

Number of cans of yellow paint = 12

According to question, we have to find that for every 1 can of red paint the painter uses what number of yellow paints;

Since the ratio of red paint to yellow paint is given by

14:12\\\\7:6\\\\1:\frac{6}{7}

So, for every 1 can of red paint, the number of yellow paints used by the painter is \frac{6}{7}

Similarly,

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So, Number of cans of yellow paint will be

\frac{6}{7}\times 34\\\\=\frac{6\times 34}{7}\\\\=29\ approx.

Hence, there are approximately 29 cans of yellow paints for 34 cans of red paints.

3 0
3 years ago
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