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
Answer:
Step-by-step explanation:
Don't know ur answer make q clear
Answer:
Step-by-step explanation:
Here you go mate
Use PEMDAS
Parenthesis,Exponent,Multiplication,Division,Addition,Subtraction
Step 1
4(x+9)=76 Equation/Question
Step 2
4(x+9)=76 Remove parenthesis by multiplying 4
4x+36=76
Step 3
4x+36=76 Subtract 36 from sides
4x=40
Step 4
4x=40 Divide sides by 4
answer
x=10
Hope this helps
Answer:
The answer is:
30 minutes.
Step-by-step explanation:
We are given the following information:
at 160 m/min, tool life = 5 min.
at 120 m/min, tool life = 17 min.
This means that as the speed reduced from 160 m/min to 120 m/min, the tool life increased from 5 min. to 17 min, hence the difference between the changes are:
speed = 160 - 120 = 40 m/min
tool life = 17 - 5 = 12 min.
Therefore, it can be concluded that a change of speed of 40 m/min, increases the tool life by 12 min.
40 m/min = 12 min
∴ 1 m/min = 12/40 min.
∴ 100 m/min = 12/40 × 100 = 0.3 × 100 =30 min.
Answer:
19
or 18
Step-by-step explanation:
First, add the whole numbers
3, 7, and 8
18
Add the fractions
+
=
IF YOU WANT SIMPLIFIED NUMBER DO THIS
=1
18+1
=19