I need to know this I don’t understand and it is last one
1 answer:
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Answer:
The cost of spoon is £1.84 and therefore the cost of one knife is £5.52.
Given :
- A knife is 3 times the cost of the spoon.
- 9 spoons and 12 knives costs £82.80.
Solution :
- This question is solve by creating a linear equation and linear equations are nothing but yet another subset of "equations".
- Linear calculations that requires more than one variable can be done with the help of linear equations.
- The standard form of a linear equation in one variable is ax + b = 0.
Now let x be the cost of spoon. Than the cost knife is 3x. It is given that 9 spoons and 12 knives costs £82.80.
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Therefore the cost of 1 knife = 5.52
Step-by-step explanation:
Answer:
The value of the annuity is $326,852.3766.
Step-by-step explanation:
Here is the required formula to find the present value of annuity:
We can find the present value of annuity:
Here:
P = $50,000
n = represents the number of number of periods
r = 0.11
PV = $326,852.3766
The value of the annuity is $326,852.3766 i.e. PV = $326,852.3766.
Keywords: discount rate, present value of annuity
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