Answer:
A and B is the correct answer.
Hope it helps.
The formula for finding present value of an ordinary annuity is:
, where P - money to be deposited, i - interest rate, n - number of payments.
So in this case, P = 35000, i = 6 / 100 = 0.06, n = 20.
Now, we have everything needed to determine how much money must be deposited:
So the answer is
$401,447.24.
Answer:
1/3 is your answer
Step-by-step explanation:
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8n - 27≤ -n + 18
8n ≤ -n +18 +27
9n ≤ 45
n≤5
Answer:
1.235 ounces
Step-by-step explanation: