The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
Answer:
4
Step-by-step explanation:
3^2=9
-2 times 3 = -6
9-6+1=4
It is 28 because you have to take the median out then go to the first set of data and find the median of that.
Answer:
Each person would pay $15.71
Step-by-step explanation:
First we can calculate how much everyone ate by multiplying the bill amount by 120% (20% tip and 100% of the bill).
$52.35 * 120% = $62.82
Now to find out how much each pays, we have to divide that cost by the number of people (4).
$62.82/4 = $15.71
Answer:
length = 49 m
width = 46 m
Step-by-step explanation:
Length= w+3
width = w
Perimeter = 2L +2W
190=2(w+3) +2w
190=2w+6+2w (combine like terms now
190=4w+6
184=4w
w=46
PLUG IN
Length
46+3 = 49
