The formula of the present value of annuity due:
![PV=C*[\frac{1-(1+i)^{-n}}{i}]*(1+i)](https://tex.z-dn.net/?f=PV%3DC%2A%5B%5Cfrac%7B1-%281%2Bi%29%5E%7B-n%7D%7D%7Bi%7D%5D%2A%281%2Bi%29)
For your case:
C = $3000
i = 12% / 100 = 0.12
n = 3 * 2 = 6 (semiannually for 3 years means 6 payments)
So, the solution is:
![PV=3000*[\frac{1-(1+0.12)^{-6}}{0.12}]*(1+0.12)=3000*[\frac{1-0.5066}{0.12}]*1.12=](https://tex.z-dn.net/?f=PV%3D3000%2A%5B%5Cfrac%7B1-%281%2B0.12%29%5E%7B-6%7D%7D%7B0.12%7D%5D%2A%281%2B0.12%29%3D3000%2A%5B%5Cfrac%7B1-0.5066%7D%7B0.12%7D%5D%2A1.12%3D)
![=3000*[\frac{1-0.5066}{0.12}]*1.12=3000*4.1114*1.12=13814.32](https://tex.z-dn.net/?f=%3D3000%2A%5B%5Cfrac%7B1-0.5066%7D%7B0.12%7D%5D%2A1.12%3D3000%2A4.1114%2A1.12%3D13814.32)
Answer:
j = (h-4) / k
Step-by-step explanation:
Unless there is more information given about this question somewhere else in the assignment, I'm assuming you are being asked to solve this equation for j.
If so, then its just a matter of rearranging the equation so that it is in the form
j = (expression containing other variables)
(h-4) / j = k (multiply both sides by j)
(h-4) = jk (divide both sides by k)
j = (h-4) / k
Answer:
-2
Step-by-step explanation:
3 - 5 = -2
Place the dot on -2 on the number line that is on your problem as the answer. To show the steps on the number line, use your jumps to go back. For example, your starting point will be on 3, and then use your jumps to go back by 5; that means you go into the negatives. For this case, it is -2.
Answer:
32 = 8y
or
y = 32/8
Step-by-step explanation:
Each raft can hold 8 people.
If x = 8y, where "x" is the number of people and "y" is the number raft.
Given: The number of people 32
32 = 8y
y = 32/8
When we solve, we get y =4, 4 rafts needed.
Thank you.
The answer is 33.5 or 33minutes and 30 seconds
2/45= 22.5
22.5 +11=33.5
