The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
Answer:
Cody has solved (12 × 12) = 144 problems.
Step-by-step explanation:
For every one problem that Julia completes, Cody completes twelve.
If Julia Completes x problems and Cody completes y problems, then we can write y = 12x ........ (1)
Now, given that the number of problems solved by Cody is one hundred twenty more than two times the number of problems solved by Julia.
Hence, 2x + 120 = y ......... (2)
Now, from equations (1) and (2) we get,
2x + 120 = 12x
⇒ 10x = 120
⇒ x = 12
Therefore, Cody has solved (12 × 12) = 144 problems. (Answer)
Step-by-step explanation:
1) 2x+3y-3y=1-3y. -x+2y= -4
2x/2=1-3y/2. -(1-3y/2)=-4
x=1-3y/2. -1+3y/2= -4
x=1-3(-2)/2 3y/2= -4+1
x=1+6/2 3y/2×2/3= -3×2/3
x=7/2 y= -2
S.s{ 7/3,-2}
2). -4x-6y+6y=7-6y. 4x+y= -2
-4x/-4=7-6y/-4. 4(-7-6y/4)+y= -2
x= -7-6y/4. -7-6y+y = -2
x= -7-6/4 -5y/5= 5/5
x=-13/4 y= 1
S.s { -13/4, 1 }
Answer:
Just look at the other answer
Step-by-step explanation:
Answer:
3.026 $
Step-by-step explanation:
3.4 × 0.89 = 3.026 $
