Answer:
You scored more than 80 %
Step-by-step explanation:
21/25
We need to change this to a decimal, then to a percent
21/25 *4/4 = 84/100
This is out of 100 so it is 84%
84>80.
You scored more than 80 %
Based on the value of the annuity, the amount it earns, and the compounding period, the money paid to Nathan each month will be B. $5,840.62.
<h3>How much will Nathan be paid monthly?</h3>
The amount Nathan will be paid is an annuity because it is constant.
First find the monthly interest and the compounding period in months:
= 4.8/12 months
= 0.4%
Number of compounding periods:
= 20 x 12
= 240 months
The monthly payment is:
Present value of annuity = Annuity x ( 1 - (1 + rate) ^ -number of periods) / rate
900,000 = A x ( 1 - (1 + 0.4%)⁻²⁴⁰) / 0.375%
900,000 = A x 154.0932
A = 900,000 / 154.0932
= $5,840.62.
Find out more on the present value of an annuity at brainly.com/question/25792915.
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Answer:
Step-by-step explanation:
31 less then a number x is : x - 31
Answer:
$ 9.5 per person
Step-by-step explanation:
If it is $ 95 for 10 people then to find the unit rate per person is to just divide the total amount by the total number of people.
i.e, 95 / 10 = $ 9.5
Hope this helps you.