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Andrews [41]
3 years ago
14

There are 80 seats in the small screen.

Mathematics
1 answer:
DanielleElmas [232]3 years ago
7 0
One quarter of 80 is 20
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4 years ago
Find the amount of each payment to be made into a sinking fund which earns 5% compounded quarterly and produces S47,000 at the e
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Step-by-step explanation:

Hello,

This question relates to compound interest and to solve it, we'll need to use the right formula.

C.P = P(1 + r/n)^nt

C.P = compound interest

P = principal

R = rate

N = number of times compounded

T = time

C.P = $47,000

P = ?

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N = 4

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Substituting the variables into the equation,

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