Answer:
It will take nine years and four months for the refrigerator to pay for itself.
Step-by-step explanation:
The new refrigerator which costs $1200, saves the family 22% annually in energy cost.
Since the old refrigerator costs $580 to run, we want to determine how many years it will take for 22% of $580 per year to make $1200.
22% of $580
= 580 × 0.22
= 127.6
That is, it saved then $127.6 per year.
Now,
$1200/127.6
≈ 9.4
Which means, it will take 9 years and 4 months for the refrigerator to pay for itself.
Answer:
Step-by-step explanation:
beginning of Feb. was 5195.65
assets :
6873.22 (deposits) , 6.05 (interest earned)
total of : 6873.22 + 6.05 = 6879.27
liabilities :
$ c (checks) , 15 (maintenance fee)
total of : 15 + c
end of Feb. was 4200
5195.65 + 6873.22 - (15 + c) = 4200
12053.87 - c = 4200
12053.87 - 4200 = c
7853.87 = c <======= what the checks were worth
I need a picture to be able to help you because I don’t understand that