Annuity formula is given by:
FV=P[(1+r)^n-1]/r
FV=future value
r=rate
n=time
P=principle
Plugging the value from the question we obtain:
FV=10000[(1+0.07)^6-1]/0.07
FV=71,532.91
Thus the current value of the annuity is given by:
A=p(1+r)^n
plugging in the values we obtain and solving for p we get:
71532.91=p(1+0.07)^6
p=71532.91/(1.07)^6
p=$47665.40
Hence the answer:
B] $47665
Try this option:
1. according to the condition Kris scored '2x' points, Julio did 'x' points (Kris scored 2 times as many points as Julio).
2. according to the condition Kris'_points+Julio's_points=36_points. It means, that x+2x=36.
3. If to solve this equation (2x+x=36), then Julio scored x=12 points, Kris scored 2x=12*2=24 points.
answer: 12 (Julio); 24 (Kris).
Answer:
7.07 (3 significant figures)
Step-by-step explanation:
the distance between the two points on the x axis is 5 and the distance between the two point son the y axis is 5. thus by using pythagerous theorem you are able to get the hypotenuse which is the distance between the two points which in this case is 7.07 when rounded to 3 significant figures. not sure if im correct but i hope it helps
The first thing we must keep in mind is that there are 2 bags left over.
Therefore, Luis distributed:
534-2 = 532
The number of bags will be:
N = (total amount distributed) / (amount distributed per store)
Substituting we have:
N = (532) / (28)
N = 19
Answer:
Luis distributed milk for 19 stores.
Answer:
Percentage profit=40%
Step-by-step explanation:
Cost price=120 Naira
Sold price=168 Naira
Profit=Sold price- cost price
=168-120
=48 Naira
Percentage profit=profit/cost price×100
=48/120×100
=0.4×100
=40%
Percentage profit=40%