Mia's kitten weighs 3-fifths of a pound. The mother cat weighs 14 times as many pounds as the kitten. Question How many pounds d
2 answers:
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We are asked to determine the present value of an annuity that is paid at the end of each period. Therefore, we need to use the formula for present value ordinary, which is:
Where:
Since the interest is compounded semi-annually this means that it is compounded 2 times a year, therefore, k = 2. Now we need to convert the interest rate into decimal form. To do that we will divide the interest rate by 100:
Now we substitute the values:
Now we solve the operations, we get:
Therefore, the present value must be $39462.50
Answer:
22 cookies
Step-by-step explanation:
A dozen items means 12 number of items.
Number of cookies brought by Sherry = No. of containers multiplied by number of cookies in one container
= 2 6 = 12
Number of cookies brought by Sally = A dozen cookies = 12
Number of cookies brought by Sandy = 2
Number of cookies brought by Sherry, Sally and Sandy together = 12 + 12+2 = 26
Total number of cookies to be brought = 4 dozen = 48 cookies
Number of cookies to be brought by Harry = Total number of cookies to be brought - Number of cookies brought by Sherry, Sally and Sandy together
48 - 26 = <em>22 cookies</em>