What is the value of an annuity due at the end of 15 years of quarterly deposits of $2,000.00 with terms of 8 percent compounded
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Isabel can drive 505.85 miles with a gas tank that holds 15.1 gallons of gas
<em><u>Solution:</u></em>
Given that, Isabel’s car gets 33.5 miles per gallon
Her gas tank holds 15.1 gallons of gas
To find: Number of miles can Isabel drive on a full tank of gas
Let "x" be the miles drive with 15.1 gallons of gas
From given,
1 gallon = 33.5 miles
15.1 gallon = x miles
This forms a proportion and we can solve the sum by cross multiplying
Thus Isabel can drive 505.85 miles on a full tank of gas