Answer:
$265.07
Step-by-step explanation:
The formula for the future value of an annuity is applicable.
A = P((1+r)^n-1)/r . . . . where r is the monthly interest rate and n is the number of months. P is the monthly payment, and A is the amount of the future value.
800 = P(1.006^3 -1)/(.006) = 3.018036P
P = 800/3.018036 ≈ 265.07
Sarafina's monthly payments need to be $265.07.
_____
This is about $1.60 less than the 266.67 she would deposit if she simply divided the desired balance by the number of months.
Because this number is rounded down, Sarafina will have a balance after 3 months of $799.99.
x = the number of people
8x + 120 = 320
[they charge $8 for each person(x) plus a fee of $120, and the total amount of money you have is $320]
Your answer is A
Answer:
D
Step-by-step explanation:
The probability of there being a problem in the fuel line of the cars of brand D is stated as being 0.0110%. This means that there is a 0.0110% chance that there will be a problem in the fuel line of a car from brand D.