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
1) B
2) C
can you help me? since I helped you?
Answer: The number of girls in the auditorium is represented by the algebraic expression y=(4x +72) /5
Step-by-step explanation:
Hi, to answer this question we have to analyze the information given:
- <em>Number of boys added: 18
</em>
- <em>Ratio of boys to girls: 5:4
</em>
So, the total number of boys is:
x + 18
Number of girls = y
Number of boys / number of girls = 5/4
(x+18) /y = 5/4
Solving for "y"
4 (x +18) =5 y
4x +72 = 5y
(4x +72) /5 = y
The number of girls in the auditorium is represented by the algebraic expression y=(4x +72) /5
AWSER is C
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Answer:
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