Answer:
5
Step-by-step explanation:
19.25 (tax)
294.25 (total price)
135.75 (money left)
REASONING:
In this word problem it says Anna has 430 dollars. The phone costs 275 dollars. It also says that when she buys the phone, she will have to pay a tax of 7%.
To find how much tax she will pay, we must do [275] x [0.07]
After inputting this into a calculator, you will get 19.25 (tax)
To find the total price, all you have to do is add 19.25 to 275. When you do this, you will get 294.25 dollars (total price)
To find how much money she has left,
430-294.25=135.75 (money left)
It would be 15 because the 35 people at most minus the 20 students equals 15 so that would be the greatest number of adults allowed to be there.
Based on the value of the annuity, the amount it earns, and the compounding period, the money paid to Nathan each month will be B. $5,840.62.
<h3>How much will Nathan be paid monthly?</h3>
The amount Nathan will be paid is an annuity because it is constant.
First find the monthly interest and the compounding period in months:
= 4.8/12 months
= 0.4%
Number of compounding periods:
= 20 x 12
= 240 months
The monthly payment is:
Present value of annuity = Annuity x ( 1 - (1 + rate) ^ -number of periods) / rate
900,000 = A x ( 1 - (1 + 0.4%)⁻²⁴⁰) / 0.375%
900,000 = A x 154.0932
A = 900,000 / 154.0932
= $5,840.62.
Find out more on the present value of an annuity at brainly.com/question/25792915.
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