X = total amount of people
80% of x = 540
.8x = 540
x = 675
There were 675 people
Based on the amount that Steve Weatherspoon wants to withdraw every year beginning in June 30, 2024, and the interest rate, the balance on June 30th 2023 should be $45,203.
<h3>What should the balance be in 2023?</h3>
The fact that Steve Weatherspoon wants to be able to withdraw a particular amount every year, this makes this amount an annuity.
The value in 2023 would therefore be the present value of the annuity that will then accrue to the required amounts as the years go by.
The present value of an annuity is:
= Annuity amount per year x Present value interest factor of an annuity, 11%, 3 years between 2024 and 2027
Solving gives:
= 13,126.25 x 3.44371
= $45,203
In conclusion, the balance on the fund in 2023 should be $45,203 in order for Steve Weatherspoon to achieve his objectives.
Find out more on the present value of an annuity at brainly.com/question/25792915
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Answer:
A possible solution is that radius of cone B is 2 units and height is 36 units
Step-by-step explanation:
Step-by-step explanation:
The volume of a cone is given by
where
r is the radius
h is the height
Here we are told that both cones A and B have the same volume, which is:
And
(2)
We also know that cone A has radius 6 units:
and height 4 units:
For cone B, from eq.(2), we get
One possible solution for this equation is
In fact in this case, we get:
Therefore a possible solution is that radius of cone B is 2 units and height is 36 units, and we know that in this case Cone B has the same volume as cone A because it is told by the problem.
Answer:D
Step-by-step explanation:
Answer:
A voltage of 760V will be produced by 19 windings.
Step-by-step explanation:
Given the equation:
E = 40W
Where E is the Voltage in the circuits
and W is the number of windings
<u>Given</u> that E = 760V
<u>To find:</u> W = ?
<u>Solution:</u> Here, we have the given equation in 2 variables where value of 1 variable is given so other can be easily calculated by putting the value of given variable in the equation.
So, Putting the value of E in the given formula and finding W, the number of windings:
So, number of windings for a voltage E = 760V is 19.
A voltage of 760V will be produced by 19 windings.
