Answer:
-37/6
Step-by-step explanation:
Answer:
There is no specific linear equation for this scenario because there is only one possible length for the pole.
Step-by-step explanation:
The question is an annuity question with the present value of the annuity given.
The
present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) /
(r/t) where PV = $61,600; r = interest rate = 9.84% = 0.0984; t = number
of payments in a year = 6; n = number of years = 11 years and P is the
periodic payment.
61600 = P(1 - (1 + 0.0984/6)^-(11 x 6)) / (0.0984 / 6)
61600 = P(1 - (1 + 0.0164)^-66) / 0.0164
61600 x 0.0164 = P(1 - (1.0164)^-66)
1010.24 = P(1 - 0.341769) = 0.658231P
P = 1010.24 / 0.658231 = 1534.78
Thus, Niki pays $1,534.78 every two months for eleven years.
The total payment made by Niki = 11 x 6 x 1,534.78 = $101,295.48
Therefore, interest paid by Niki = $101,295.48 - $61,600 = $39,695.48
9514 1404 393
Answer:
102
Step-by-step explanation:
The total of ratio units is ...
6 + 3 + 8 = 17
The difference between the Charlie's ratio units and Adrian's ratio units is ...
8 - 6 = 2
That is, the total number of ratio units is 17/2 = 8.5 times that difference.
The actual difference is 12 sweets, so the total number of sweets is ...
8.5 × 12 = 102 . . . . total sweets
The output is -20 to this question
