Answer: $249,300
Step-by-step explanation:
The exact formula would be if I think this is right
PV = PMT(1-(1+r)^-n)/r with r & n adjusted for periodicity
= 1400(1-(1+.054/12)^-360)/(.054/12)
= $249,318.47
which you can round off to, say, $249,300 <------
note:
counterchechecked with a financial calculator
This is the standard for of seven hundred (700) thirty (30) one (1) :
Answer: 731
The correct answer is 1 23/24. Hope this helps.
Let s=number of seeds and t=number of days...
st=120 and (s+10)(t-2)=120
From the first we can say t=120/s, now using this value of t in the second equation gives us:
(s+10)(120/s-2)=120
(s+10)(120-2s)/s=120
(s+10)(120-2s)=120s
120s-2s^2+1200-20s=120s
2s^2+20s-1200=0
s^2+10s-600=0
(s+30)(s-20)=0, since s>0
s=20, and since she planted s+10 seeds per day to finish two days earlier:
20+10=30
She planted 30 seeds per day.