Answer:
7 hours 30min
Step-by-step explanation:
Step one :
Given data
We are told that Erica can paint 1 room in 5hours
Her work rate is 1/5 room per hour
And also with the assistance of her friend they can paint 1 room in 3 hours
Hence their combined work rate is 1/3 room per hour
Step two
The combined work expression is
1/A+1/B=1/T
Where A=Erica's work rate
B=Rachael's work rate
T=combined work
1/5+1/B=1/3
1/B=1/3-1/5
1/B=5-3/15
1/B=2/15
B=15/2
B=7.5 hours
It will take Rachel 7 hours 30min to paint the room
Given that a company budgeted 5 1/4 hours to complete a project, determine how much time they spent on research if they spent 1/3 of the total budget.
First, convert the budget from hours into minutes.
5 1/4 hours = 315 minutes
1 hour = 60 min
1/4 hour = 15 min
60 x 5 = 300
300 + 15 = 315
Then, divide the minutes by 3 or multiply it by 1/3.
315 / 3 = 105
315 x 1/3 = 105
Lastly convert to a mixed number.
1 3/4 hour
Thus, the company plans to spend 1 3/4 hours or 1 hour and 45 minutes on research.
See https://web2.0calc.com/questions/help_29603.
The amount she should invest today in the annuity is $455,450.40.
<h3>How much should be invested today?</h3>
The first step is to determine the future value of the monthly annuity.
Future value = monthly payment x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 3.6/12 = 0.3%
- n = number of periods : 15 x 12 = 180
Future value : 3250 x [(1.003^180) - 1] / 0.003 = 774,171.92
The second step is to determine the present value of this future annuity:
774, 171.92 / (1.036^15) = $455,450.40
To learn more about annuities, please check: brainly.com/question/24108530
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Answer:
Step-by-step explanation:
