1.6666666666666... because 8 divided by 12=1.6666666666...
Answer: Philip can earn back his initial investment in 12.4 years
Step-by-step explanation:
Amount Invested by Philips in period annuity = 800,000
Annual Percentage Rate (APR) = 5.2%
APR compounded monthly for a period of 20 years.
Amount to be received per annuity period = 800,000 * (((1+(0.052/12))^240)*(0.052/12))/(((1+0.052/12))^240)-1)
= 5368.43
Time taken ( in months ) by Philip to earn back his initial investment = 800,000/5368.43 = 149.02 months
Time taken ( in years ) by Philip to earn back his initial investment = 149.02/12 = 12.4 years
Hope it helps.
Thank you :)
Answer:
Step-by-step explanation:
classs 1, because higher number has a better chance of giving higher number
This is similar to the other question you posted. Follow the same steps as before.
First find g(41).
g(41) = sqrt{x - 5}
g(41) = sqrt{41 - 5}
g(41) = sqrt{36}
g(41) = 6
We now find f(6).
f(6) = -7(6) + 1
f(6) = -42 + 1
f(6) = -41
Answer:
(fºg)(41) = -41
Did you follow?