3 years ago

Howmet Corporation needs $200,000 in 5 years.

1 answer:

3 0

:)
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/n)]
So we need to solve for pmt
Pmt=fv÷[(1+r/k)^(kn)-1)÷(r/n)]
Pmt=200,000÷(((1+0.10÷4)^(4×5)
−1)÷(0.10÷4))=7,829.43...answer

Hope it helps

You might be interested in

Video games cost $23 each. Jake purchased 5 video games for $115.

11Alexandr11 [23.1K]

The equation for this is 23x5=115

6 0

3 years ago

Line Q has a slope of 3. Line R is parallel to line Q.What is the slope of line R?

Vladimir [108]

Answer:

Step-by-step explanation:

Parallel lines have the same slope

So if line Q has a slope of 3

Line R which is parallel to Q must have a slope of 3

7 0

4 years ago

Read 2 more answers

Solve Ax + By = -C for x.<br> Ox=-By-C<br> А<br> x=-By+C<br> Ox=By=0

dimulka [17.4K]

Answer:

$\textbf{Option 1}\\$

Step-by-step explanation:

$\textup{Given $ Ax + By = -C$}\\\textup{Subtracting $By$ on both sides, we get,}\\$ Ax = -C -By $\\$

$\textup{Dividing by $A$ on both sides, (Assuming $A$ is not equal to zero) we get }\\$$ x = \frac{-By -C}{A}$$$

3 0

3 years ago

Solve the equation for the specified variable. Y=AB-2, For A

gregori [183]

Answer:

b = 1

b = -1

a = 0

Step-by-step explanation:

4 0

3 years ago

He poured it into 8 jars. Each jar had the mixed number two and one fourth pints of water. What is the total amount of river wat

Ket [755]

Answer:

The Answer is 18

Step-by-step explanation:

2 1/4 X 8= 18

3 0

3 years ago