The cost is 24 cents per foot.
We find this by dividing the cost of the roll by the number of feet in the roll:
47.03/200 = 0.235 ≈ 0.24
Answer:
The answer is B
Step-by-step explanation:
Answer:
$1.69
Step-by-step explanation:
Half a dollar = $0.50
Eight dimes = $0.80
Six nickels = $0.30
Nine pennies = $0.09
Total = $0.50 + $0.80 + $0.30 + $0.09 = $1.69
5 packs of water and 6 boxes of flavor packets
Based on the information, Christian would have $5525.5 of annuity.
<h3>How to calculate the annuity?</h3>
According to given information, the number of coffees per week is 3 then, per month is 3x4 = 12
For each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of annuity.
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