Answer:
845.6306
Step-by-step explanation:
Firstly this is annuity based
Let, investment at beginning of year = <em>x</em>
Then value at year 1 end = x + (8.2% 
x)
Value at end of year 2 = (x + 0.082x) + (8.2% (x + 0.082x))
Now this value = $990
Therefore,
990 = (x + 0.082x) + ((x + 0.082x) 8.2%)
990 = x + 0.082x + 0.082x + 0.006724x = 1.170724x
x = 990/1.170724 = 845.6306
Answer:
b) 15 winners
Step-by-step explanation
if 3 winners get $720,000 each that means there is $2,160,000 total. So if each winner gets $144,000 each that means there are 15 winners.
(2,160,000/ 144,000)
The answer should be option C! I think? I hope it helps :)
There are many reasons why there are differences in price in Lemonade.
The first is the volume or amount of the Lemonade. Obviously, the greater the amount of the Lemonade, the higher is its price.
The price of the lemonade is given, the unit price then is
$4.99/95 ounces = $0.053/ounce
Another reason is the difference in the ingredients. Some Lemonade might have additional ingredients that could make the price higher.
The difference in materials costs in different areas may also be the reason.
