Let the total amount that Sarah deposited be $x
using the annuity formula:
A=P[((1+r)^n-1)/r]
A=future value
r=rate
n=number of years
from the information given:
A=$500000
r=2.75%
n=65-42=23 years
p=$x
thus plugging our values in the formula we get:
500000=x[((1+0.0275)^(23)-1)/(0.0275)]
500000=31.50x
x=15,872.04883
She deposited 15,873.04883 per year
The monthly deposit will therefore be:
15873.04883/12=$1322.67
5x + 4x = 720
9x = 720 (divide by 9)
X= 80
In order to get the bigger ratio, which is 5, you would substitute x for 80. (I'm bad at explaining)
Work:
5(80)= 400
Answer:
m = 18
Step-by-step explanation:
-2/3m = -12
multiply both sides of the equation by 3:
-2/3m(3) = -12(3)
simplify:
-2m = -36
divide both sides by -2:
-2m/-2 = -36/-2
simplify:
m = 18
10x + 25 = $145
10x = $120
x =10
The number of poses is 10
multiply the hourly rate by number of hours worked
12.75 x 35.25 = 449.44 per week
449.44 x 2 = 898.88 for two weeks
