Answer:
B
Step-by-step explanation:
875 x 1.65% = 14.44
875.00
+14.44
__________
889.44
Answer:
Interest rate is 9.59%
Step-by-step explanation:
The interest rate the investment must earn in order that the death benefit could of $81,000 in 24 years' time can be derived from the rate formula in excel spreadsheet.
=rate(nper,pmt,-pv,fv)
nper is the number of years the $9,000 would be invested for i.e 24 years
pmt is the periodic additional investment which is zero
pv is the amount invested today i.e $9000
fv is the amount of death benefit payable in 24 years' time that is $81000
=rate(24,0,-9000,81000)=9.59%
The better buy is 7 games for $42
Answer:
(7/15,−13/5)
Equation Form:
x=7/15,y=−13/5
Step-by-step explanation:
Solve for the first variable in one of the equations, then substitute the result into the other equation.