Answer:
cost is $4183.87
Step-by-step explanation:
given data
time t = 5 year
amount A = $1000
rate r = 6.25 % = 0.0625
to find out
how much it will cost
solution
we will apply here formula for present value of annuity that is express as
present value = amount ×
....................1
put here all these value we get cost we will pay
present value = amount ×
present value = 1000 ×
present value = 4183.869221
so cost is $4183.87
3600 * 1 * 0.085 = 306
answer: interest would be $306
Answer:
yes
Step-by-step explanation:
Baker's Flour in kg
Y x x
A x x
X x x x x x x
I -----------------------------------------------------------
S 2 1/2 3 1/4 4 4 1/4 4 1/2 5
X axis
It would be 3.5 in each bag after the baker redistributes the flour. This is because the total flour would be 35 kg. 35 divided by 10 is 3.5 kg of flour in each bag.