The formula of the present value of an annuity ordinary is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv present value 280000
PMT monthly payment?
R interest rate 0.06
K compounded monthly 12
N time 20 years
Solve the formula for PMT
PMT=pv÷[(1-(1+r/k)^(-kn))÷(r/k)]
PMT=280,000÷((1−(1+0.06÷12)^(
−12×20))÷(0.06÷12))
=2,006.01
Answer:
The Tasty Beans Coffee House being planned for the corner of SE 12th and Main will ruin a perfectly nice neighborhood. Besides the fact that Tasty Beans already has coffee shops all over the city, it will pull business away from local coffee houses that have been here for decades. In addition, there is already a parking problem on that street, and the new business will just add to the congestion. They're planning a drive-up window, too, and that will mean a steady stream of traffic in a very high-volume area. Ask anyone walking down the street, and they'll tell you this is a bad idea. I speak for my whole neighborhood when I say, "Go away, Tasty Beans!"
Step-by-step explanation:
The Tasty Beans Coffee House being planned for the corner of SE 12th and Main will ruin a perfectly nice neighborhood. Besides the fact that Tasty Beans already has coffee shops all over the city, it will pull business away from local coffee houses that have been here for decades. In addition, there is already a parking problem on that street, and the new business will just add to the congestion. They're planning a drive-up window, too, and that will mean a steady stream of traffic in a very high-volume area. Ask anyone walking down the street, and they'll tell you this is a bad idea. I speak for my whole neighborhood when I say, "Go away, Tasty Beans!"
I'm not sure if this is what you meant, but it was fun to write XD
The market was fairly stable with no problems in the economy and no big political events happening. Then the days started getting colder and people started staying in more- meaning the demand for gas dropped. This eventually it stopped decreasing and stayed like this for a bit until a hurricane is spotted and weather people say it is likely to hit the coast where this gas chart is being charted. The gas prices start increasing, at first its slow as the hurricane gets closer- and it just keeps increasing as people become more and more sure it is going to hit them and they want to evacuate.
Answer:
If they are travelling in opposite directions, their total distance is the 135. So add their distances together to get 135
x=Quinn's speed
x+5 = James' speed
they each travel for 5 hours
speed x time = distance
x(5) + (x+5)(5) = 135
Quinn's distance + James' distance = total distance
5x+5x+25=135
10x = 110
x = 11
Quinn travels at 11 mph and James travels at 16 mph
Quinn travels 55 miles (5x11)
and James travels 80 miles (16 x 5)
80 + 55=135
Answer:
Monica = 48.50
Samuel = 24.25
Kara = 17.25
Step-by-step explanation:
First you write equations as you are reading the text:
m = 2s ("Monica earned twice as much as Samuel")
s = k+7 ("Samual earned 7 more than Kara")
m = 48.50
Next, you convert these equations to solve for s and k respectively.
So, if m=2s, then s=m/2:
s = m/2 = 24.25
Likewise, if s=k+7, then k=s-7
k = s-7 = 17.25
The difference between greatest and least is 48.50 - 17.25 = 31.25
