1. Combining like terms
2. Combining
Answer:
The value of the annuity is $326,852.3766.
Step-by-step explanation:
Here is the required formula to find the present value of annuity:
We can find the present value of annuity:

Here:
P = $50,000
n = represents the number of number of periods
r = 0.11

PV = $326,852.3766
The value of the annuity is $326,852.3766 i.e. PV = $326,852.3766.
Keywords: discount rate, present value of annuity
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Answer:13
Step-by-step explanation:
11+2=13
Step-by-step explanation:
A²+B²=C²
A²+4²=5²
A²+16=25
-16 -16
A²=9
√A=√9
A=3
The maximum number of microwave ovens the two employees can take on the elevator is 7.
<h3>How to find the maximum number of microwave ovens the two employees can take on the elevator?</h3>
To solve the question, we have to find the simple equation showing the relationship between all the weights an the maximum weight the elevator can carry
Let
- x = number of microwave ovens
Since the micro wave weighs 45 pounds, the total weight of microwave ovens is W = 45x.
Also, there are 20 televisions on the elevator. If each television weighs 85 pounds, the total weight of televisions is W' = 20 × 85 = 1700 pounds
Also, the weight of the equipment and the two employees is W" = 400 pounds.
Since the maximum weight on the elevator is 2400 pounds, we have that the required simple equation is
W + W' + W" = 2400
45x + 1700 + 400 = 2400
45x + 2100 = 2400
45x = 2400 - 2100
45x = 300
x = 300/45
x = 6.67
x ≅ 7
So, the maximum number of microwave ovens the two employees can take on the elevator is 7.
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