Call (F) the age of the father and (J) the age of Julio
The F & J are related in this way: F=4J
Now you have a restriction in the form of inequality: The sum of both ages has to be greater or equal than 55.
Algebraically that is: F + J ≥ 55
You can substitute F with 4J to find the solution for J:
4J + J ≥ 55
5J ≥ 55
Now divide both sides by 5
5J/5 ≥ 55/5
J ≥ 11
That Imposes a lower boundary for the value of J of 11, meaning that the youngest age of Julio can be 11
The formula of the future value of annuity ordinary
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value
Pmt payment per year 4000
R interest rate 0.0215
N time 5 years
Fv=4,000×(((1+0.0215)^(5)−1)÷(0.0215))
fv=20,878.69
Answer:
1217 I think
Step-by-step explanation:
i dont know sorry, maybe someone else can help you?
3760.6
..........................................................
