Two friends rode their bicycles to a campsite to spend the weekend. Chelsea traveled 5 more than half of the miles Gail traveled
1 answer:
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Answer:
So, the present accumulated value is, $ 49557.69
Step-by-step explanation:
According to the question, payments of $ 670 are being made at the end of each month for 5 years at an interest of 8% compounded monthly. So, present accumulated value, =
$
= $
$ 49557.69
So, the present accumulated value is, $ 49557.69
we are given
the boat speed is 32 kilometers per hour
so, speed is
the seine has a length of 764 kilometers but only 547 kilometers
so, the distance is
now, we can find time
now, we can plug values
and we get
.................Answer