The solution to the problem is as follows:
let
R = $619.15 periodic payment
i = 0.0676/12 the rate per month
n = 48 periods
S = the future value of an ordinary annuity
S = R[((1 + i)^n - 1)/i]
S = 619.15*[(1 + 0.0676/12)^48 - 1)/(0.0676/12)]
S = $34,015.99
I hope my answer has come to your help. God bless and have a nice day ahead!
Answer:
the queation says from ques no 2 so you should take a full picture
20mps. Because velocity is the speed per unit. In this case it is going 20 m per second
Answer:
x = 1178 games
Step-by-step explanation:
Let the number of games = x
Let the total cost = Tc
Let the total revenue = Tr
Given the following data;
Investment = $10,000
Cost of each game = $1.50
Selling cost = $9.99
Total cost, Tc = (Cost of each game * Number of games) + Investment
Tc = 1.50x + 10000
Total revenue, Tr = Selling cost * Number of games
Tr = 9.99x
Breakeven point is when total cost is equal to total revenue;
Tc = Tr
x = 1177.86 ≈ 1178 games.
<em>Therefore, the number of games that must be sold before the business breaks even is 1178 games. </em>