Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
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Answer:
x-10 +x = 8 + 2x - 18
Step-by-step explanation:
Keywords
linear equation, variables
Step 1
Define the variables
Let
x-----> number of erasers
y-----> total cost
we know that
------> this is the linear equation that represent the situation
therefore
the answer is y = 0.84 + (0.38)x
The HCF is the Highest Common Factor of a number in this case 54. This is the highest number times another number which = 54. The HCF for 54 is 18.
I believe the length of the rectangle is 17 ft and the width is 14
