Answer:
The answer is 1 3/5
Step-by-step explanation:
- 2÷5 = 0.4
- 0.4×4 = 1.6
- 1.6 = 1 3/5
:)
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/n)]
So we need to solve for pmt
Pmt=fv÷[(1+r/k)^(kn)-1)÷(r/n)]
Pmt=200,000÷(((1+0.10÷4)^(4×5)
−1)÷(0.10÷4))=7,829.43...answer
Hope it helps
Answer:
Answer is A
Step-by-step explanation:
Answer:
-1/20
Step-by-step explanation:
For a graph like this you should make the gallons of gas on y-axis and the miles driven on the x-axis.
To find slope the formula is (y2-y1)/(x2-x1)
So in this case it is 2-4/40-0
-2/40
This reduces to -1/20
Answer:
At 7% $54,000
At 9% $156,000
Step-by-step explanation:
Let x be the amount invested at 7%, Then 2x + 48000 will be the amount invested at 9%
We know that:
7% = 0.07 & 9% = 0.09
So we can write the interest equation as follows:
0.07x + 0.09 (2x + 48000) = 17820
0.07x + 0.18x + 4320 = 17820
0.25x + 4320 = 17820
Subtracting 4320 from both sides of the equation we get:
0.25x = 17820 - 4320
0.25x = 13500
Dividing both sides of the equation by 0.25 we get:
x = 13500 / 0.25
x = $54,000 invested at 7%
&
2 x 54000 + 48000
= $156,000 invested at 9%
Hence the amount invested at 7% is $54,000.
& the amount invested at 9% is $156,000.
