Answer:
DM should equal 20 inches
E = 352.50 euro × 1 pound / 1.41 euro = 250.00 pounds
J = 39856 yen × 1 pound / 188 yen = 212.00 pounds
a) Japan is cheaper
b) 250 - 212 = 38 pounds cheaper
E. 3/12 is equivalent to 1/4, which is the ratio of the cylinders.
The amount she should invest today in the annuity is $455,450.40.
<h3>How much should be invested today?</h3>
The first step is to determine the future value of the monthly annuity.
Future value = monthly payment x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 3.6/12 = 0.3%
- n = number of periods : 15 x 12 = 180
Future value : 3250 x [(1.003^180) - 1] / 0.003 = 774,171.92
The second step is to determine the present value of this future annuity:
774, 171.92 / (1.036^15) = $455,450.40
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Givens
Work week = 40 hours
Paid 7.50 an hour.
Sells 6300 worth of goods.
Equation
Take home pay = Sales * 5% + 7.50 * number of hours.
Sub and Solve
Take home pay = 6300 * 5% + 7.50 * 40
Take home pay = 6300 * 5/100 + 7.50 * 40
Take home pay = 315 + 300
Take home pay = 615 dollars.
Answer 615 <<<<