Answer: $7787.99
Step-by-step explanation:
We know that the formula to find the periodic payment on an annuity is given by :-
, where PV is the present value , r is the rate of interest ( in decimal ) and n is the number of payments.
Given : Present value : $36000
Rate of interest = 8%=0.08
Time period = 6 years
Then , the periodic payment will be :-
Hence, the payment size is $7787.99.
So each foot is 12 inches so to remove 8 feet to get 12 in you need to remove 8 times 12 inches total or 96 in and each cut removes 1/8 in so times 96 by 8 and get 768 total cuts
Answer:
1.5
Step-by-step explanation:
6 divided by 4
Let: x = number of copies sold
We can formulate the following equation to solve for x:
1.50x - 0.9x - 600 = 0
x = 1000
Therefore, the club must sell 1000 copies to break even. Among the choices, the correct answer is A.
