Answer:
The first one is 8/12.
Step-by-step explanation:Add numerator and keep denominator same.
Answer:
E
Step-by-step explanation:
324 pounds
24% =
= 0.24
0.24 × 1350 = 324 pounds
He should collect 324 more pounds of waste paper
Answer:
The account balance after 24 months will be $23,092.70
Step-by-step explanation:
Given data
P= $20,000
r= 7.77%= 0.077
t= 2 years
A= ?
n= 24
The compound interest formula is

Inserting our values to solve for A we have

Present Value of an annuity is given by the formular
PV = P(1 - (1 + r)^-n)/r; where PV = $28,000, r = 0.081/12 = 0.00675, n = 35 and P is the periodic (monthly) payment.
P = PVr/(1 - (1 + r)^-n) = (28,000 x 0.00675)/(1 - (1 + 0.00675)^-35) = 189/0.2098 = 900.90
Therefore, the monthly payment is $900.90