Answer:
#2.
Step-by-step explanation:
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 = ±2√5
General Formulas and Concepts:
<u>Pre-Algebra</u>
Order of Operations: BPEMDAS
- Brackets
- Parenthesis
- Exponents
- Multiplication
- Division
- Addition
- Subtraction
Equality Properties
- Multiplication Property of Equality
- Division Property of Equality
- Addition Property of Equality
- Subtraction Property of Equality<u>
</u>
<u>Algebra I</u>
- Terms/Coefficients
- Multiple Roots
Step-by-step explanation:
<u>Step 1: Define</u>
<em>Identify</em>
4x² - 5 = 75
<u>Step 2: Solve for </u><em><u>x</u></em>
- [Addition Property of Equality] Add 5 on both sides: 4x² = 80
- [Division Property of Equality] Divide 4 on both sides: x² = 20
- [Equality Property] Square root both sides: x = ±2√5
C. m k L hope it helps! not 100% sure
Answer:
see explanation
Step-by-step explanation:
The n th term of an arithmetic progression is
= a₁ + (n - 1)d
where a₁ is the first term and d the common difference
Given
= 12 and
= 22, then
a₁ + 5d = 12 → (1)
a₁ + 7d = 22 → (2)
Subtract (1) from (2) term by term to eliminate a₁
2d = 10 ( divide both sides by 2 )
d = 5
Substitute d = 5 into (1) to find a₁
a₁ + 5(5) = 12
a₁ + 25 = 12 ( subtract 25 from both sides )
a₁ = - 13
Thus
= - 13 + 5 = - 8
= - 13 + 5(n - 1) = - 13 + 5n - 5 = 5n - 18 ← n th term