If 1 inch is .25 miles then all you have to do is multiply .25 miles by 5 inches and u get 1.25 miles.
Answer:
Future value of annuity (FV) = $13,782.12 (Approx)
Step-by-step explanation:
Given:
Periodic payment p = $500
Interest rate r = 13% = 13%/4 = 0.0325 (Quarterly)
Number of period n = 5 x 4 = 20 quarter
Find:
Future value of annuity (FV)
Computation:
![Future\ value\ of\ annuity\ (FV)=p[\frac{(1+r)^n-1}{r} ] \\\\Future\ value\ of\ annuity\ (FV)=500[\frac{(1+0.0325)^{20}-1}{0.0325} ] \\\\Future\ value\ of\ annuity\ (FV)=13,782.1219 \\\\](https://tex.z-dn.net/?f=Future%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3Dp%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%20%5D%20%5C%5C%5C%5CFuture%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3D500%5B%5Cfrac%7B%281%2B0.0325%29%5E%7B20%7D-1%7D%7B0.0325%7D%20%5D%20%5C%5C%5C%5CFuture%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3D13%2C782.1219%20%5C%5C%5C%5C)
Future value of annuity (FV) = $13,782.12 (Approx)
Answer:
x + 10
Step-by-step explanation:
X is used to represent a variable or any number. This letter can be changed if you'd like
The problem is asking how much each person will need to pay. Simplifying the problem into an equation with variables (an algorithm) will greatly help you solve it:
S = Sales Tax = $ 7.18 per any purchase
A = Admission Ticket = $ 22.50 entry price for one person (no tax applied)
F = Food = $ 35.50 purchases for two people
We know the cost for one person was: (22.50) + [(35.50/2) + 7.18] =
$ 47.43 per person. Now we can check each method and see which one is the correct algorithm:
Method A)
[2A + (F + 2S)] / 2 = [ (2)(22.50) + [35.50 + (2)(7.18)] ]/ 2 = $47.43
Method A is the correct answer
Method B)
[(2A + (1/2)F + 2S) /2 = [(2)(22.50) + 35.50(1/2) + (2)7.18] / 2 = $38.55
Wrong answer. This method is incorrect because the tax for both tickets bought are not being used in the equation.
Method C)
[(A + F) / 2 ]+ S = [(22.50 + 35.50) / 2 ] + 7.18 = $35.93
Wrong answer. Incorrect Method. The food cost is being reduced to the cost of one person but admission price is set for two people.
4(3+x)
This is because 4*3=12 and 4*x is 4x so you get 12+4x which is the original equation
