The question is an annuity question with the present value of the annuity given.
The
present value of an annuity is given by PV = P(1 - (1 + r/t)^-nt) /
(r/t) where PV = $61,600; r = interest rate = 9.84% = 0.0984; t = number
of payments in a year = 6; n = number of years = 11 years and P is the
periodic payment.
61600 = P(1 - (1 + 0.0984/6)^-(11 x 6)) / (0.0984 / 6)
61600 = P(1 - (1 + 0.0164)^-66) / 0.0164
61600 x 0.0164 = P(1 - (1.0164)^-66)
1010.24 = P(1 - 0.341769) = 0.658231P
P = 1010.24 / 0.658231 = 1534.78
Thus, Niki pays $1,534.78 every two months for eleven years.
The total payment made by Niki = 11 x 6 x 1,534.78 = $101,295.48
Therefore, interest paid by Niki = $101,295.48 - $61,600 = $39,695.48
Answer: 1460
Step-by-step explanation: I put it in a calculator.
<span>part A:
Let
t = total the liquid in the bottle including lemon juice and water
so t = lemon juice + water ( w = water, l = lemon juice) so t = l + w
but the bottle has 1 liter of water. and <span>60% lemon juice
</span>contains 60% lemon juice = 0.6, so l = 0.6t and w(water ) = 1 liter
t = l + w
substitute l = 0.6t and w = 1 into t = l + w
now you have equation
t = 0.6t + 1
part B:
from part A, you have equation t = 0.6t +1
solve for t
t = 0.6t +1
subtract 0.6t on both sides
t - 0.6t = 0.6t - 0.6t + 1
simplify
0.4t = 1
divide both sides by 0.4
0.4t/0.4 = 1/ 0.4
simplify
t = 2.5
2.5 liters is total including lemon juice and water
2.5 - 1(1 liter of water) = 1.5 <span>1 liter of lemon juice</span></span>
13x - 6y = 22
x - y = 6
6(x-y) = 6*6
6x - 6y = 36
subtract both the equations
13x - 6x -6y + 6y = -14
7x = -14
x = -2
13*-2 -6y=22
-26 -6y=22
-6y = 48
y = -8
answer: x = -2
y = -8
